Re: DE2 Nickel

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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paliman

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Re: DE2 Nickel

in response to

DE2 Nickel

BullyBoy

posted on Jun 23, 2008 10:18PM

I would like to point out what Mr.Nemis was trying to tell us back in Feb. 25 by reposting the first paragraph of the NR. The conduit of eagle one empties into the ring of fire at eagle two. Yes the grades were deluded because the stringers of sulfides were only 10 to 120 centimeters wide, deluded across the length of the intercept with the other minerals,not that the grades were not massive or semi-massive but deluded across the intercept so the not as good as eagle one because of the dilutions when emptying into the ring of fire.Now as they get closer to the mouth of the conduit and we get away from the stringing of minerals we should have a more continuity of minerals and with it better grades,IMHO. When the drills get into the conduit and trace it back to eagle one like i think they will , with time. If the conduit is only 50m by 50m by 2kms,well that would make it well over 20,000,000 tons.Now if there is pooling of ore , and there will be pooling of ore,well you can throw that 20,000,000 tons estimate out the window.Now this is what i always thought Mr.Nemis was trying to tell us, but this is just my humble opinion, everyone should always do their own DD. But reread the first paragraph again and make up your own mind.

TORONTO, ONTARIO - (Feb. 25, 2008) - Noront Resources Ltd. ("Noront") (TSX VENTURE:NOT) is pleased to announce the discovery of a second massive sulphide occurrence located 2 kilometers to the southwest of its Eagle One magmatic massive sulphide occurrence within Noront's 100% owned Double Eagle Project in the McFauld's Lake Area of northeastern Ontario. "We are pleased to announce that semi-massive to massive sulphide mineralization has been encountered about 2 kilometers to the southwest of Eagle One, in what is believed to be a peridotite filled conduit of the Eagle One magmatic massive sulphide occurrence. Our new drill objectives are to focus on this new occurrence and also to complete drill testing several other high-priority geophysical targets within the Double Eagle project area," states Richard Nemis, President and CEO of Noront.