Noront Resources Ltd. V.NOT

Primary Symbol: NOSOF

Metals & Mining Industrial Metals & Minerals

Noront Resources Ltd is a mining company. It is engaged in the exploration, development, and acquisition of properties prospective in base and precious metals, which includes nickel, copper, platinum group metals, precious metals, chromite, and vanadium. The company's developmental project consists of Eagle's Nest nickel-copper-platinum-palladium deposit, deposits of high-grade chromite and copper-zinc volcanic massive sulphide deposits which are part of the company's McFauld's Lake Project. Its assets are located in the area known as the Ring of Fire in the James Bay Lowlands, Ontario.

OTCPK:NOSOF - Post by User

Noront Resources Ltd.

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Post by dwotherson Oct 01, 2007 12:04pm

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Post# 13500250

Ore grades

Those 68 meters have an ore grade worth more than $2k/ton at today's prices. At 1/4 the metal values a mine is highly profitable. These kind of metal values are a license to print money. Question is "how big is the deposit?" I've been going back over and over looking at the metal values because they look so incredible. And then last night when I was looking at it I took a closer look at the Windfall property. They had a drill hole with 46.8 oz of gold per ton? That's about $35k/ton at today's gold price. I can see why they are setting up a camp to look at this one further.

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