Agoracom: Small Cap Investment - Noront Resources - Re: O.T. Re Windfall

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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dvdgray

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Re: O.T. Re Windfall - dvdgray

in response to

O.T. Re Windfall - dvdgray

Edgy

posted on Jul 25, 2009 03:00PM

Hi, Edgy-

Tricky in that it's veigny (at least at WF). Stops and starts, and is in very low concentrations relative to the rock it's in. Imagine trying to find 3 grams of *anything* in a ton of rock. Heck, even 52 ounces in a ton. Yes, separation techniques exist, but they are expensive and environmentally difficult to manage. Even a relatively good concentration of gold at 6g/ton is 0.03% concentration. Compare with extracting 6% nickel or 40% chromite... that's all I meant.