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: Very interesting article on Chromex in today's Resource Investor

This does point out that a low cost producer can make money with chomite but given the stage of production one can hardly say the share price, or market cap, for Chromex is fantastic.

I do like the comparison and Noront may well be on the way to proving up larger and richer deposits. Great due dilligence and perhaps we and the market are starting to come to terms with value of Chromite deposits. Not their yet however.

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