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: Re: WINDFALL RAMP UPDATE
42
May 18, 2008 12:21PM

Has Noront yet given an expected date for first 'bulk' sample? Seems that progress is such that they might now be able to give a reliable estimate now.

Nice thing is that processing of 'bulk' samples take far less time than assays since the ore is trucked to operating mill and run straight through as production with gold out the other end. Bit of scheduling and clean out but probably only a few days to accomplish.

It does get complicated with Government licensing because 'bulk' sampling is not the same as obtaining full license to operate a mine and there are restrictions on how much can be done prior to filing for mine license. However it sure seems like Noront is doing everything possible with the 'ramp' project so that obtaining 'mine' license becomes a 'slam dunk'.

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May 19, 2008 06:58AM
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