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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share price?

posted on Nov 10, 2009 10:20AM

A Dundee report recently posted by Milsy, mentioned some key points:

Noront Resources Ltd.

• A NI 43-101 report on the chromite resource at of the Blackbird deposit is due out this quarter;
Eagle's Nest, Deposit Target Size Increases

In our October 16 note, we estimated a combined target size of the Eagles' Nest at 10Mt that, based on the Company's dimensions, could understate the opportunity by a factor of 2 times (See Exhibit 1).

Couple this with the fact that the Eagle's Nest is open on strike and to depth and we believe that there is excellent upside potential on this deposit alone


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