50% NOT

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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bravekind

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50% NOT

posted on Mar 01, 2008 04:50PM

In his interview last month John Harvey pointed out that NORONT holds nearly 50% of the quality ground around the ring of fire.

So far we can estimate that looking into the future - for every 2 strikes in the entire area (whether for nickle or copper or other minerals) - one of them will belong to NORONT.

We can also estimate that NORONT will probably be the richest in Nickle strikes, since she is the only one so far to have a significant nickle strike.

It would be interesting to calculate what percent of quality ground around the ring of fire each of the side plays hold (I assume qualify means on or near the drawn ring). This will give us a good idea of probable return for our money on other plays versus putting our extra monies in NOT.