This is excellent news IMO. The chromite grades are terrific and Cr to Fe ratio is some of the best in the ROF. In fact I'd say that NOT's grades of Chromite are superior to Freewest's in many regards. Except for the volume of course. But we're getting there. Perhaps someone can figure out how much more tonnage this represents.
IMO, Noront knew all along that there was tons of chromite to be found on their claims, but why expose it until you have it secured (Baosteel). Had they done this earlier, we may be calling this company Cliffs.
And the several new possible nickel targets are very encouraging. The survey isn't completed and they're planning targets already. If they hit something significant, then watch this run.
But that's speculation. Let's deal with the facts. The chromite reuslts from this round of drilling are excellent. Well done Noront.
strato