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: Back to basics

update and making comparison with news from Sault star

in response to by
posted on Jul 09, 2008 05:54PM

In response to: Update by Helium

...The province’s Mining-First policy has made Ontario a mineral-producing giant. In 2006, the province produced $9.4 billion worth of minerals, more than any other jurisdiction in Canada. According to the Ontario Prospectors Association, Ontario has 41 operating mines and more than 800 ongoing exploration projects. More than 335,000 active mining claim units are filed with the provincial mining recorder. With each claim unit measuring 16 hectares, the amount of land staked for mining interests totals nearly 54,000 square kilometres — about six per cent of the province’s land base....News from the Sault Star

using the 2006 figures, from Helium hardwork,McFauld has 42777 claim unit which correspond around 12.8% of the whole ontario claim..or 6480 square km...Mcfauld has 38 active exploration companies

Noront has 6258 claim units which is~ 1/7 of Mcfaulds which correspond to 1.8% of the total ontario unit claim..

besides Noront holds the best location with many indicated conduits /conductors ....Noront indicate that it is minable ..sure we will be one of the 42 operating mine soon...

quality is important ..size too..

RN may be waiting for some more assays from lab before the interview...

BH





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