Noront Resources Ltd. V.NOT

BRU''s news is HUGE!!!!!

[level2up]

Bolero Resources to acquire Silver Creek project 2007-10-15 14:41 ET - News Release Mr. R. Bruce Duncan reports The Silver Creek molybdenum project was explored by the Anaconda Company from surface and underground during the period 1979 through 1983 with 63,000 feet of drilling completed. In May of 1984, Anaconda reported a historic inferred resource based on four drill holes of 44 million short tons (39.9 million tonnes) at a molybdenum (Mo) grade of 0.31 per cent Mo, or 0.527 per cent MoS2, within a 0.20-per-cent molybdenum cut-off, containing 273 million pounds of molybdenum. All resource estimates quoted herein are based on data and reports obtained and prepared by previous operators. This historic resource estimate is considered to be relevant and is believed to be reliable based on the amount and quality of historic work completed. The company has not completed the work necessary to independently verify the classification of the mineral resource estimates. The company is not treating the mineral resource estimates as National Instrument 43-101-defined resources verified by a qualified person. The historical estimates should not be relied upon. The properties will require considerable further evaluation which the company's management and consultants intend to carry out in due course. Anaconda estimated the potential of the mineral deposit to be up to 198 million tons (179.6 million tonnes) at greater than 0.30 per cent Mo (greater than 0.51 per cent MoS2) at a cut-off of 0.20 per cent Mo. This could represent up to 1.2 billion pounds of contained molybdenum. This estimate of target potential was based on the inferred mineralization halo greater than 0.20 per cent Mo, structural controls projected from surface and observed in core, fluorine/tungsten geochemical signatures and an isopach of Mo mineralization compared with typical Climax-style deposits in Colorado. Anaconda geologists were of the opinion that less than 20 per cent of the potential Silver Creek resource has been drilled. Bolero drills 110 feet of 0.106% Mo at Bald Butte 2007-10-17 09:20 ET - News Release Mr. R. Bruce Duncan reports BOLERO DRILLS 110 FEET OF 0.106% MO (0.177% MOS2) AT BALD BUTTE Bolero Resources