A post on FNC board called my attention to last paragraph of NOT's news release of last Tuesday. Here it is. I bolded a portion of it. This is most interesting to read.

"Noront's understanding of the Ring of Fire conduit system for the
magmatic intrusion is crucial in locating new deposits, especially those
deeper than what existing airborne geophysics can identify which currently
ranges between 100 and 200 metres from surface. The Company has assembled the
largest drill hole database in the Ring of Fire. This includes the only data
on the Ring of Fire on nickel copper PGE deposits and extensive geophysical
data sets. As a result, the Company has been able to generate a
litho-structural model and interpret the model to depths greater than a
kilometre. This model, combined with deep penetrating geophysical surveys,
will allow Noront to target new areas proximal to the Eagle's Nest deposit
that previous exploration failed to fully test. In the coming weeks, ground
geophysics will be completed over the most promising structural trends and the
regional drill targets will be refined."

I may be wrong, but it seems to me that it pretty much describes the PRB/NOT JV land and what has been happening the last several months in preparation of PRB (with NOT's input) drilling this JV land 400 meters north of Eagle. PRB drilled there previously but apparently not deep enough to fully explain the anomolies found in previous geophysics. This drilling was on land "proximal to the E N deposit that previous exploration failed to fully test." PRB and NOT have been jointly doing ground geophysical work there for quite some time now and it should be completed "in the coming weeks". Thus, I imagine that the JV 400 meters north of Eagle is considerred by them to be one of the "most promising structural trends".

Let's see what unfolds. If they hit nickel in the upcomng drill program there, all PRB shareholders will be very very happy. (NOT shareholders too.) Nothing is guaranteed, but I remain very optimistic.

Good luck to all.

Profitz