Here are the other pertinent facts/details respecting the China1 Project.
China One Project Profile |
Location: Tie Jiang Ying Zi property in Inner Mongolia, north of BaoTou City
Minerals: Copper and gold
Summary: Noront's wholly owned China subsidiary BaoTou Noront Mineral Development Co. Ltd. acquired a 100% interest in the China One Copper/Gold Project. The permit covers 5.16 square kilometres in area. Noront has had a long history of dealings in China where several representative "grab" samples were selected by management from two very old exploration pits. |
And:
Noront Resources Ltd.
NEWPORT GOLD INC. AND NORONT RESOURCES LTD.
CHINA ONE PROJECT INNER MONGOLIA CHINA
NEWPORT GOLD INC. (“the Company” NWPG OTC BB) is pleased to advise that it has completed an initial exploration program over the Company’s optioned China One copper gold property (Inner Mongolia, China) and has received the Geological Report by the Company’s Consulting Geologist Daniel Huang M.Sc. This property is held by Noront Resources Ltd. (“Noront” NOT TSX-V) through BaoTou Noront Mineral Development Co. and consists of 5.16 km(2) situated about 100 km north of BaoTou City and was acquired initially due to favourable Cu-Au mineralization traced over a large area. Newport has an option to earn a 50% interest in this property by spending $750,000 over 3 years and delivering 800,000 shares to Noront. The initial 300,000 shares have been delivered to Noront.
The remainder of this May 2nd, 2007 Press Release is easily found on the Noront Web Site.
It should even be possible for MONO's to locate!
Old Joe