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)

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Message: JPM

Re: JPM hss

in response to by
posted on Dec 13, 2007 06:10AM
i think this is what you want  Rhodium Present

A series of samples from hole 1, 2 and 5 were selected based upon the
presence of significant grades of platinum and palladium in the first pass
analysis. Twenty samples were re-submitted for the total suite of Platinum
Group Elements (PGE's) to ALS Chemex, using their process code PGM-MS26 for
Pt, Pd, Ir, Os, Rh, Ru and Au, an additional assay using ALS Chemex
processing code Rh-MS25 was also requested. The latter sample procedure is
done in Canada while the former procedure requires the samples be sent to
ALS Chemex lab in Australia. The same set of 20 Samples have also been
submitted to ACTLABS in Ancaster, Ontario as part of a lab-lab comparison.
Results from the Rhodium specific analysis have been received, the results
range from 0.002 g/t to greater than 1 g/t. The results, while not being
conclusive, suggest that Rh is present in the Eagle One occurrence,
consequently all samples must now be analyzed for Rh as well as the other
PGE's. Noront will provide details of this study at a later date.

The spot price of rhodium has risen from a spot price of $452/oz on January
2004 to $6,725/oz. on December 12, 2007. A basic introduction to rhodium
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