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: 2012-11-15

Interesting goal, Strato.

Unfortunately, since Noront is only about one quarter the size, at roughly one half the %NI, and has twice the estimated float, you'd be looking at about one sixteenth of the Voisey's numbers.

Mind you, that would still translate to a bit over $10/sh for Noront, in a very rough manner of speaking, and ignoring a large number of other influences. One can dream!

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