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: Future Direction of Not….Hoov

Future Direction of Not….Hoov

posted on Apr 08, 2009 10:44AM

I had some time to review the MD&A and found myself coming back to the statement below and inparticular your statement…(Commercial and profitable? Sounds like they want to be a party to development.). One could theorize ( there’s that word again, that some like and some don’t ) that perhaps the “New Vision” of Richard’s Concentrator idea may indeed be exactly what our BOD had in mind for future development of our assets in and around the Ring of Fire both prior and post proxy. I have put together a few prior posts ( thanks to the posters )regarding the implementation of adding a concentrator to the concept of putting the Ring into Commercial development.

From the MD&A

The ability of the Company to develop its existing assets into commercial and profitable operations, however, will require participation by outside parties for capital or will require additional financing from other outside sources." (Commercial and profitable? Sounds like they want to be a party to development.)

A Concentrator will put Noront in the driverseat

posted on Jul 04, 08 10:16AM by Goldelicious

I like this approach. Just Dig out the highly profitable ore , and built a concentrator for free, and put your self in the ROF driving seat.

Probably more discoveries will follow, from NOT and the NOT Joint Ventures , but also from other companies, like PRB, FNC SPQ , etc and the concentrated ore can be sent to a smelter at what ever place.

The chinese also can buy ore in canada, like they already do in mexico Mexico

I am very long on NOT, Join crazy dick again.

Best Regards,

Goldelicious

And this post by LTGoldBull2

It can be done!

posted on Jul 06, 08 02:03PM

Note similarities, trucking, concentrator, rail, even transport overseas for refining, with BHP's Mt Keith operation (laterite), less tonnage right now for us, but look at the grade they have which is economical...Tonnage will grow, we've just begun.

Mt Keith Nickel Operation

World’s largest open pit nickel mine

•Reserves of 243 Mt @ 0.54% Ni (incl. stockpiles)

•Mining rate of ~40 Mbcm/a

• Mine life of over 20 years (incl. stockpiles

Mt Keith Operation is an open-pit nickel mine located within the Shire of Wiluna, 720 kilometres northeast of Perth and 430 kilometres north of Kalgoorlie in western Australia’s North Eastern Goldfields. The nearest population centres are Wiluna, 90 kilometres to the north and Leinster, 90 kilometres to the south.

Mt Keith is a surface nickel mining operation, comprising an open pit and concentrator plant. The mine and mineral processing plant at MKO operate 24 hours a day on 12-hour continuous shifts, 365 days a year.

The size and shape of Mt Keith’s nickel deposit makes it amenable to open pit mining, using a conventional drill, blast, load and haul mining system.

Ore from the pit is delivered to the concentrator to be crushed and then processed. The concentrator uses the latest technology in mineral processing equipment and currently has the capacity to process 11.5 million tonnes of ore per year.

Nickel concentrate is transported to Leinster Nickel Operation from where it is transported to Kalgoorlie Nickel Smelter by rail for further processing or to the Port of Esperance for final sales.

Mt Keith is a fly in-fly out operation involving around 1,000 BHP Billiton employees and contractors.

Mt Keith Concentrator – Kalgorlee Nickel Smelter – Kwinana Nickel Refinery

The Kalgoorlie Nickel Smelter and Concentrator

The Kalgoorlie Nickel Smelter and Concentrator are located in the Goldfields region of Western Australia, approximately 600 kilometres east of Perth.

Concentration

After mining, the sulphide ores are transported to a concentrator to upgrade their nickel content. The ores are first crushed and ground, liberating the sulphide minerals from worthless rock, or gangue. The sulphide minerals are then separated from the gangue, by flotation, and dried.

Ores mined at Kambalda grade about 3% nickel content and the concentrates produced after treatment grade around 11% nickel. By comparison, Leinster ores contain about 2% nickel and concentrates at 12% nickel. Mt Keith ore grades at 0.6% and concentrates at 20% nickel. Concentrates produced at all three centres are transported to the Kalgoorlie smelter for further processing. Half the Mt Keith concentrate is shipped direct to Finland for further processing.

Concentrates produced at RAV8 and Emily Ann are transported by road to Esperance for export and further treatment at Inco's smelter in Canada.

The extraction of nickel from lateritic ore containing 0.8% to 1% nickel, is complex with a number of process options available. The ore is subjected to high temperature pressure acid leaching followed by solvent extraction to yield nickel metal.

Cheers, Mark

This one’s from Glorieux..

We have a 2.1B $ ore body that the market says is not economical unless further mineralization is found. I say BS. We already have more found. E2 is subtantial. WSR/MTX have 131.9M of semi massive to near massive sulfides with Cu, ZN and FE (assays should be in any time now) , SPQ have a few hits with good widths of chromite. We have but 200 holes drilled in an area of 100km by 70km. So more is already found and we have only begun to drill this huge area which NOT controls a very big portion.

Let's get back to E1. At 2.1B million dollars for only 2.9Million tons, this is astounding and is why this will be mined. The massive sulfide portion is 450 000 tons averaging a NSR of $1,665 per ton for a total of 750 million dollars. Three quarter of a billion dollars that is after we pay the smelting fees. That 750M can be used to build roads, truck the ore to Timmins (I am looking into the KID CREEK smelter-apparently they can process this-more to come later on this) build a concentrator and then process the disseminated sulfides so that they can then be sent to Timmins for Smelting. This will results in another 850M dollars after paying the smelter. We know E2 has nickel in lower grades so a concentrator on site will be required to process this but again, will add to our reserves and cashflow.

posted on Aug 24, 08 09:33PM by longstockings

The realization of very high Ni grades (6.5% to 7.0%) in the massive sulphide zone allows Noront to consider the possibility of first shipping unprocessed ore to a southern based concentrator/smelter complex. The construction of an on site concentrator for the disseminated mineralization would be accomplished out of operating cash flow under this scenario. This concept would be considered in an early preliminary economic assessment with minimal capital costs and an early production date, subject to all necessary consents, approvals, permits and land use requirements. While Noront would need to complete a feasibility study, prior to undertaking this direct shipping approach, management of Noront anticipates there would likely be potentially minimal impact to the environment and the mine development would provide road access to several local native communities currently with air access only.

And this brings us to the here and now where the very discussions and the planning of infrastructure development for Northern Ontarion with all stakeholders are gaining ever increasing momentum.

There’s 4 Drills in the general vicinity of Eagle One and #5 active up and around the Ring. Keep the Drills turning boys! Lets get the Road built and the Power hooked up!

Now then, factor in the Chrome equation.........

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