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: Open Letter From Doctors On Ferrochrome Smelter

Noront bought a 5 year option from Algoma to enter into a 99 year land lease.

With most options it's buyers right to exercise it or not.  If you don't exercise the option you don't get the option payment back.

 

... Been There

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