From what I understood, these drills were for their junior, the one they signed an agreement with about 1 month ago with 50-50% deal with Not retaining control. They may also have other juniors coming on board as Richard discussed as long as the terms are similar to this first deal. With NOT owning these drills, they will be able to allocate them where they believe they will be most profitable.

I have a question for all the long term mining guys out there: How common is it for a junior of Noront's size to own their drill rigs? Is this unusual? Does this speak of confidence in the area or is this a very common occurence? Any estimates on how much it cost to build these things?

Any feedback appreciated.

Glorieux