OTCPK:NOSOF - Post by User
Post by
u308goldon Oct 10, 2007 2:22pm
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Post# 13549055
Awesome Buying on Noront today
Awesome Buying on Noront todayAwesome News 2nd drill on the property.
This is Big!
Highlights:
Hole NOT-07-07 which undercut hole NOT-07-05 intersected the mineralized zone at 72.5 metres core length and remained in it until 123.5 metres, including a total of 24.7 metres of massive sulphide;
Hole NOT-07-09 intersected the mineralized zone at 45.8 metres core length and remained in it until 88.55 metres, including two sections of massive sulphide totalling 22 metres, followed by a section of net textured peridotite;
Drilling completed on Eagle One Ni-Cu-PGE (platinum group element) occurrence infers a massive sulphide magmatic nickel mineralized, surrounded in part by net textured sulphides in peridotite within a much larger variably mineralized steeply dipping peridotite that has an 80-degree dip to the west, with a steep plunge along a southerly strike;
Quality assurance/quality control (QA/QC) program under way, first three batches fall within the limits as determined by acceptable industry practice;
Noront increases land position to 30,208 hectares and staking continues around the "Ring of Fire";
Detailed ground geophysical program continues, large airborne survey contract awarded to Aeroquest International Ltd., overseen by Scott Hogg and Associates;
Latest hole under way NOT-07-12, a 37.5-metre southerly step-out from hole NOT-07-01 and NOT-07-02 intersected massive sulphide mineralization between 83.6 metres and 92 metres for a massive sulphide intersection of 8.4 metres, followed by net textured nickel and copper sulphide mineralization to 182 metres after which 30.3 metres of lean sulphide-bearing peridotite host rock were encountered, this hole is currently still in highly altered peridotite and will be stopped once the granodiorite is encountered.