Re: To doubters - Noront is now a blue chip mining stock - rest easy
in response to
by
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)
Message: To doubters - Noront is now a blue chip mining stock - rest easy
I was doing a bit of research to explain to my sister and my wife what VMS and MMS mean. In doing that research, I became pretty excited by the information that I was seeing. If you can read through it and not get excited, then I will be amazed that you are a shareholder at all. The inference in the document is that there are typically 7 to 20 'camps' of deposits in a typical VMS system, which can be spread over several kilometers.
Here is my original post, but read through the articles in the link at the bottom for the real meat!
VMS and MMS explained
Posted by: Cylinder on March 21, 2008 05:57PM
I posted the following message on the McFauld's hub, but I hadn't finished reading the VMS part first. It is a little less layman term than the MMS article, but some of the things it says have me very excited about the ROF now. Particularly:
VMS deposits tend to occur in districts. Up to two dozen deposits, might be clustered in an area of a few tens, of square kilometres. Known VMS districts are good hunting grounds for new discoveries.
Deposits within a specific district tend to have similar metal ratios and a fairly narrow range in composition. In any given district, deposits will tend to range in size from less than one million tonnes to several tens of millions of tonnes, with most deposits at the small end of the range and only a few large deposits.
VMS deposits are spatially associated with structural features and rock types that are reflective of the geological environment of deposition. Common relationships include:
...dyke swarms, diatremes, ring structures and other features indicative of proximity to volcanic centres
See what I mean? Drill results are going to be exciting, IMHO
Here's my post from the ML hub:
VMS and MMS explained
Posted by: Cylinder on March 21, 2008 05:43PM
While explaining to my sister and wife the details of the McFaulds Lake Ring of Fire, I ended up having to tell them what VMS and MMS referred to. I had to look it up and after some digging in Google, was able to find the following link, which is fairly easy for the layman to read. The articles were written in reference to Voisey's Bay, but the same holds true when referring to the ROF. Actually, the similarities are striking, might get everyone who reads it rather bullish :)
Enjoy!
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