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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posted on Feb 25, 2008 10:16AM

 

 GENUITY REPORTED: FEB 20, 08

 

Catalysts potentially "explosive" as they include new EM target drilling – Noront will take the 35 holes drilled into the Eagle One discovery and estimate a resource by the end of Q1/08 or early Q2/08. Holes will be downhole EM-surveyed to direct expansion drilling later in March 2008. New EM targets within five km of the Eagle One discovery are currently being drill tested. The discovery of another Ni-Cu-PGE deposit would be highly significant for NOT at this stage.

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