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)

Free
Message: Something's been bugging me a bit today...

Hi Herb,

As per the NR in Feb. 19, 2008 : it states: "Eagle one is enriched with Platinum, Palladium, Rhodium, Osmium, Iridium and Ruthenium."

It will be interesting to know how much of the "iums" the nest holds once we get assays back.

Could be the ace.

TORONTO, ONTARIO February 19, 2008 Noront Resources Ltd. (“Noront”) (TSX Venture: NOT) is pleased to announce the receipt of additional assays on hole NOT-07-20, to NOT-07-25 on its 100%- owned Eagle One occurrence within Noront’s Double Eagle Project in the McFauld’s Lake Area of northeastern Ontario. “Recently received platinum group element assay results have confirmed that Eagle One is enriched with Platinum group elements including; platinum, palladium, rhodium, osmium, iridium and ruthenium.” states Richard Nemis, President and CEO of Noront. The two new drills “Johnny and June” under contract with Orbit Drilling have begun testing various anomalies outside of the Eagle One occurrence. Progress on this exploration work will be provided in a timely manner.

HIGHLIGHTS

  • Precious group element test-work confirms presence of rhodium, osmium, ruthenium and iridium in selected samples. Hole NOT-07-05 between 111.5 meters and 115.6 meters down-hole. This 4.1 meter section averaged 3.2% copper, 3.62% nickel, 30.2 g/t platinum, 15.95 g/t palladium, 3.3 g/t gold, 8.1 g/t silver, 0.84 g/t rhodium, 0.15 g/t osmium, 0.21 g/t iridium and 0.42 g/t ruthenium.
Share
New Message
Please login to post a reply