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: National Post today

National Post today

posted on Apr 28, 2008 03:45AM

This article is in today's Financial Post - couldn't find it on-line so have typed it out - any mistakes are mine! (Sorry for the pun). Anyone reading this for the first time should not have any concerns about the days IMHO.

Irish

LAB FAILURES DELAY NORONT

After reporting some of the most exciting drill results in Canada in decades, everyone is anxious to see what Noront Resources will come up with next from its Double Eagle property at McFauld's Lake in Northern Ontario.

Unfortunately, they're going to have to wait a little longer because of "material failures" in a Toronto laboratory where Noront has sent 19 batches of core samples (about 760 individual samples). Not one of them has returned results that meet quality-control standards. The lab will re-run the work orders.

"Our technical advisors assure us that this particular quality control issue does not relate to any assay results that have been previously released, and furthermore the delays in achieving acceptable results from the laboratory have no bearing on the actual results that will be forthcoming," chief executive Richard Nemis said in a statement. Peter Koven

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