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: PDAC

Feb 25, 2009 05:32AM

Feb 25, 2009 05:39AM
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Feb 25, 2009 05:51AM

Re: PDAC

in response to by
posted on Feb 25, 2009 06:51AM

Re: Your offer to ask NOT about the Agoracom contract.

Just so you know where Agoracom stands, here is the response received from Agoracom on Jan.29

The terms of the agreement between Noront and Agoracom are as follows; duration twelve months (September 30, 2008 – September 30, 2009) unless terminated by March 30, 2009 at Noront's option; monthly cash compensation $CDN 4000 plus GST; stock option 50,000 shares at $CDN 2.25 representing the close of trading on September 8, 2008. The Options vest in accordance with TSX rules in equal quarterly amounts over the next twelve months.

Unfortunately, we cannot comment any further on the specifics of the contract.

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