TSX takes a review of the NR content before it is out to the public and advise/force the company to filter certain words out. If the rumour was true, then the word "spectacular" could be changed to something like "significant" or "impressive".
I care only whether the hole 51 (I was thinking the hole 50) really hit massive mineralization. If it was 100-metre step out hole, it is paramount of importance to us shareholders and could be the strong reason behind the recent rally.
July 6, 2009
Noront is currently in the process of drilling deep bore hole electromagnetic (BHEM) platform holes at Eagle One. The company's initial BHEM platform hole, NOT-09-049, intersected significant massive sulphide mineralization which was disclosed in the company's press release in Stockwatch dated June 29, 2009. The company believes this hole was drilled down dip of the Eagle One mineralized structure.
Noront's chief operating officer, John Harvey, notes: "In view of the impressive mineralization intersected by NOT-09-049, we are evaluating options for additional drilling at Eagle One to test the newly discovered mineralization at depth below the Eagle One resource limit. An additional drill may be mobilized to Eagle One to speed up the drilling process. We are also considering upgrading our current drill fleet to allow us to drill deeper along the interpreted conduit at Eagle One."