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: Bit Strange

Bit Strange

posted on Sep 10, 2008 06:28AM

When Noront walked away from Probe deal and probe turned up nothing much of interest Noront shares didn't take any kind of hit.

Now when FNC on a 4 drill limited program came up with only knowledge of geological stucture on 3 holes we get hammered?

Noront knows and has told us that this area has complicated geology and hitting/defining deposits is far from easy. They evidently continue work close to the FNC border and could yet obtain results FNC didn't.

Wouldn't surprise me a bit if a more motivated Fancamp isn't sitting down with Noront to work on the kind of jv Noront wanted to talk about over a year ago and were rebuffed.

Would be unusual for FNC not to have at least some of the types of deposit that Noront has been defining.

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