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: Mid-Matra ,Paradsasvar area update
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Mid-Matra Project Profile
Location:
Mid-Matra Region near Paradsasvar village northeast of Budapest

Minerals:
Copper, zinc, lead, molybdenum, gold and silver

Summary:
This exploration agreement covers approximately 30 square km and was recently granted to Noront's partners on behalf of Noront. After Noront has spent three times (approximately $60,000) the cost of the permit acquisitions, Noront will have earned a 75% interest in the property. Noront will act as Operator to continue the exploration work with costs being shared on a 75%-25% basis.
Project


why i ask that is because there a many indications of polymetallic deposit of copper, zinc, lead, molybdenum, gold and silver in Paradsasvar. This area was explored in 1998-2004 by other companies. ZNCO had indicate that significant widths of favourable grade zinc, lead, copper, silver and gold mineralization is full in this area. There is many new data and many samples are on the labs.

I personally think that this will be good for the share price and i will follow this project very very close.



So now everybody understand it hopefully.

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