Hole 49 info:
Full Release: http://www.norontresources.com/News/Release/156
"Hole NOT-09-49, initially planned as a platform for borehole geophysical surveying, was a vertical hole targeted to trace the interpreted, vertical dipping conduit system that emplaced the original Eagle One discovery. The concept was to drill as close as possible to the conduit so that down-hole geophysics could be utilized to identify other potential lenses of nickel, copper sulphides. This was successively accomplished as the hole crossed in and out of the main footwall granodiorite-periodotite conduit contact no less than five times before reaching its final depth of 1004.1 meters. In the process, the hole cut two distinct lenses of mixed disseminated to massive sulphides."
"None of the intersections reported here represent true widths, which cannot be determined at this time. Hole NOT-09-49 was orientated parallel to the vertical plunge of the Eagle One conduit and as such it is assumed the vertical depth extent of the new Eagle 1B and 1C lenses will each attain a minimum 200 meters."
Hole 51 info: http://www.norontresources.com/News/Release/165
Hole 51 didn't intersect anything noteworthy. If you have anything more to share on why you chose to buy in yesterday I'd love to know. You must have a very trustworthy source if you're investing heavily without even reading the news releases...
Thanks in advance!