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: Re: eagle 1 - Hoov
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eagle 1
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khareema
Nov 10, 2008 04:39PM
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vermillion
Nov 10, 2008 04:59PM
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hoov
Nov 10, 2008 05:31PM

Re: eagle 1 - Hoov

in response to
Re: eagle 1
by
hoov
posted on Nov 10, 2008 05:58PM

Great explanation Hoov.

At the AGM, some of us had the opportunity to speak directly with Dr. James Mungall. He is a very "down to earth" guy, and took the time to answer our questions, and explain things in detail.

What you have described is pretty much what he told us regarding Eagle 1.

For those posters who are wondering why Noront didn't continue drilling Eagle 1, I understand where you are coming from, but keep in mind, the drilling at Eagle 2 was responsible for the discovery of the Blackbirds, which I believe will ultimately be worth more than the nickel/copper/pgm. I make that comment, while believing they will find a lot more nickel/copper, as shown with today's NR.



Canseco

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Re: eagle 1 from fnc board
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rago1
Nov 10, 2008 06:11PM
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khareema
Nov 10, 2008 07:23PM
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