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: Chromite is the key to it all

Re: Chromite is the key to it all

posted on Jan 17, 2009 08:19AM

Miskealp1, in sense i agree wholeheartedly with your analogy of the ROF and its longterm value/viability. In going over the past releases from our neighbors and the last NOT release i see something transpiring...first we had the NOT release- on the 14th where in the release it states the following.

"Noront has initiated a major re-sampling program on existing core aimed at the delineation of a large deposit amenable to open pit methods of exploitation. In addition, representative samples have been selected from various drill intersections and have been submitted to SGS Lakefield for initial metallurgical studies."

OK, then we have the very weird trading day with SPQ on the 15th.

then we get SPQ's release on the 16th. and this little tid bit of info jumps off the page at me.

" HOLE FW-08-19 INTERSECTS 3.8 METRES OF PGE MINERALIZATION AVERAGING 2.15 g/t PLATINUM AND 2.86 g/t PALLADIUM, SANDWICHED BETWEEN MASSIVE CHROMITE LAYERS. "

I don't beleive that INAA testing at McMaster has been looking for platinum and palladium, . Did we miss the ball here in not reguesting pge testing, i think that MNGMT new prior to the release that SPQ had returns of PGE's in its core, hence the our major resampling.... just my opinion.

Perhaps these pge's are going to prove out to be the River card in this game.

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