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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Message: Re: Platinum
14
Sep 30, 2010 12:26PM

I think your right on track Babjak1!

Noront has had some really big numbers when it comes to platinum & palladium.

Some older assays……

Noront Resources intersects high grade platinum, drilling now confirms continuity at Eagle's Nest

Thursday, November 19, 2009

TORONTO, Nov. 19 /CNW/ - Noront Resources Ltd.

ASSAY HIGHLIGHTS:

-----------------

-Hole No. NOT-09-070-W1 intersected 22.8 metres averaging 4.41% Ni, 2.38% Cu, 28.07gpt Pt and 7.95gpt Pd

-Including 8.4 metres averaging 1.19% Ni, 1.46% Cu, 68.78gpt Pt and 7.55gpt Pd

-Also including 8.0 metres averaging 7.41% Ni, 2.19% Cu, 0.18gpt Pt and 9.33gpt Pd

-Hole No. NOT-09-068-W1 intersected 135.2 metres averaging 1.65% Ni, 0.8% Cu (Pt and Pd pending)

-Hole No. NOT-09-064 intersected 53.1 metres averaging 1.94% Ni, 0.95% Cu, 0.60gpt Pt and 3.85gpt Pd

-Including 13.2 metres averaging 4.98% Ni, 1.92% Cu, 0.07gpt Pt and 6.71gpt Pd

Our geological team currently estimates between 10 and 15 million tonnes of mineralized material at Eagle's Nest averaging approximately 2.0% nickel, 1.0% copper, 1-2 grams per tonne platinum and 3-5 grams per tonne palladium, consistent with the grades estimated in the existing 43-101 Resource Estimate for Eagle One.

And another big hit was…

Noront confirms high-grade platinum-palladium grades - Identifies presence of rhodium

Tuesday, December 08, 2009

TORONTO, Dec. 8 /CNW/ - Noront Resources Ltd.

HIGHLIGHTS:

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-Hole No. NOT-09-070-W1 original assaying intersected 22.8 metres averaging 28.1 gpt Pt and 8.0 gpt Pd

-Including 8.4 metres averaging 1.2% Ni, 1.5% Cu, 68.8 gpt Pt and 7.6 gpt Pd

-Hole No. NOT-09-070-W1 check assaying intersected 22.8 metres averaging 26.0 gpt Pt and 7.6 gpt Pd

-Note a sample within the interval (619.3-620m) had insufficient material to accurately rerun, considering this the intervals above and below this sample are as follows

-(607.6 - 619.3m) original Pt was 50.3gpt and rerun Pt 50.0gpt, original Pd 9.0gpt rerun Pd 9.0gpt

-(620-630.4m) original Pt was 2.6gpt and rerun Pt 3.9gpt, original Pd 6.7gpt and rerun 6.4gpt

-Sample 432113 measuring 0.5m returned a rhodium grade of 2.19 gpt with 312.0 gpt platinum and 11.5 gpt palladium

-Sample 432116 measuring 0.15m returned a rhodium grade of 3.13 gpt with 943 gpt platinum and 11.3 gpt palladium

Some really big numbers here & I feel they haven’t told us the whole story…

Looking forward to the new assays from the 800m level you pointed out on the slide!

Maybe they plan to use this as an SP catalyst when the infrastructure starts to come on line?

I hope so…

Hebe

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