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: Known Chromite Deposits in the Ring of Fire
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Hi Fantomas,

To add to this, I think what Noront is telling us in this most recent release is that they have determined that they can high grade the chromite ore, without incurring excessive waste rock, which makes it very mineable underground, and maybe more attractive than open pit.

For that matter they could eventually cut a short drift over and help FNC with their 43.5% chromite which is 838.5 metres to 1048.3 metres down hole.

Cheers

Lakeside

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