Agoracom: Small Cap Investment - Noront Resources

HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

Reply New Message

Back To Forum List View

silvervirgo

Rank: Mail Room [?]

Points: 235 [?]

Votes: 30 Score: 3.1 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Xstrata

posted on Oct 18, 2007 02:54AM

On page 11 of the Financial Post there is an article on Xstrata spending $3.8 Billion to develop the Koniambo Project in New Caledonia.

This is to extract nickel from laterite minerals, a task much more complex then extraction from sulpide minerals.

If they are prepared to take this kind of a gamble on a difficult task. What do you think they would pay for a similar deposit or better at the McFaulds site.