Agoracom: Small Cap Investment - Noront Resources - Re: AT 12 and it's neighbor.

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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Old Joe

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Re: AT 12 and it's neighbor. - cruisie

in response to

Re: AT 12 and it's neighbor.

cruisie

posted on Jul 19, 2008 08:40AM

If memory serves correctly, both NOT and FWR contributed approximately 50% (give or take a few ha) each to that JV they formed a few months ago. To be absolutely clear on the nature and basic conditions of that JV arrangement all you need do is go back to the NR announcing the JV and the basic description and details are layed out in the NR.