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: Still hitting higher grades
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Smelter decision would not be Noront's problem to solve and be based entirely upon the 'payback' numbers a 'Major' would arrive at. Still consider that a rail or road infrastruction PLUS major electric power would have to be in place first just to support construction.

Personally I doubt the payback for more than concentrator on site, weather and environmental concerns against it. Possible but how likely?

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