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: Triple J image from site visit presentation

Thanks for the map and explanation, Larry.

But what I still don´t understand is the fact, that it takes Noront over 6 months now to do re-sampling, assaying and reporting on results ?

From the October 29, 2009 NR:

Hole NOT-08-1G058 intersected 1.1 metres averaging 12.65 grams per tonne gold

Hole NOT-08-1G051 intersected 10.0 metres of 1.72 grams per tonne gold

Hole NOT-08-1G062 intersected 9.6 metres of 1.54 grams per tonne gold

Hole NOT-08-1G039 intersected 24.0 metres of 1.01 grams per tonne gold

The Triple J zone was intersected during the definition drilling of the Eagle Two and Blackbird chromite deposits. Visual inspection of the core from the sheared contact zone has on several instances yielded visible gold. Based on these observations the Company plans to undertake a significant, sampling program focused on the granodiorite – peridotite contact in all the holes that intersect the contact and all subsequent holes. Since the samples taken to date were done so for nickel-copper sulphide or chromite mineralization results of the sampling program are not complete. However, results to date indicate a very consistently striking and dipping, large, low grade, gold deposit adjacent to the Blackbird and Eagle Two deposits.

Additional resampling work on all holes will be reported once results are available.

And they even had "extra time" where they couldn´t do anything else because of the blockade.

Sure, it´s quite a bit of core. But as I mentioned before, other companies have reported on large assay quantities in less time.

FANTOMAS

Share
New Message
Please login to post a reply