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.

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Noront Resources Ltd.

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Post by Rorschached99on Sep 23, 2007 6:53pm

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Post# 13451589

"65M visually more impressive" -Paul VanEeden

The fifth hole (DH-5) was collared 50 meters northeast of DH-1 and drilled vertically down the peak of the EM anomaly. Noront reports encountering 65 meters of visually more impressive mineralization from DH-5 before the hole entered barren granodiorite. Turn her upside down and you'll see the shape of Noront's ore body.

This is the winning horse, called... you guessed it, Noront.

Picture the Noront deposit like this.

Now imagine a cluster of these hi-grade deposits scattered about much like diamond pipes along a series of dykes, DMM for instance or Aber. In high-grade spots ore will be worth over $1,000/ton. A good diamond mine likes about $100/ton give or take. Depending on tonnage.