Agoracom: Small Cap Investment - Noront Resources - Re: Windfall ramp update (incl. zone 06-100)

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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Re: Windfall ramp update (incl. zone 06-100) - khareema

in response to

Re: Windfall ramp update (incl. zone 06-100)

khareema

posted on Jul 13, 2008 02:28PM

I see there being six faces now. I would expect that they would be advancing them simultaneously? I agree that f11 and f17 may have some priority as they are closer, but chasing them should not deter them from continuing towards 06-100?

If you look at the last two updates (June 26 / July 06) you can see that they are working "simultaneously".

Assuming that they can keep the pace (roughly 10 days for 100 meters) they would need 2 month for 06-100 access, meaning middle of September.

Giving a bit of "extra time", my guess would be beginning of October for getting to 06-100.