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Noront Resources Ltd. V.NOT


Primary Symbol: NOSOF

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

Bullboard Posts
Post by valiant2002on Apr 25, 2008 12:42pm
386 Views
Post# 15009868

WHAT IS THIS????

WHAT IS THIS????
WHAT IS THIS???!!!
Dealing with suspicious and delay assay results.
 
IS THIS ANOTHER BRE-X?
 
Noront Resources Ltd.: Noront Resources Ltd.: Double Eagle Update

- Noront Resources Ltd. (TSX VENTURE:NOT) - Due to numerous inquiries regarding assay results from the Company's project in the McFaulds Lake area, the following is an update on the current status. Since January split core samples have been sent to SGS Mineral Services Laboratory ('SGS') in Toronto and to date, none of the nineteen sample batches representing some 760 individual samples sent to the laboratory have returned results that are acceptable in terms of quality assurance and quality control to the Company and its Quality Control and Quality Assurance ('QA/QC') consultants. Noront management reports that a number of certified reference material failures in the laboratory have occurred and as such the recent drilling results have been delayed while the lab re-runs the affected work orders and as such complete assays from the drilling programs are not available for release. Certified reference samples are routinely as well as randomly inserted into the sample work orders to monitor analytical results. Richard Nemis, President and CEO states: 'It is indeed unfortunate that at such a critical time in our exploration program there was this sort of unexpected failure in the laboratory used for our project. It is fortunate, however, that the errors were caught by Noront's independent QA/QC consultant management in a timely manner, prior to the results being entered into our project database. Catching these laboratory failures attests to the very stringent quality control and quality assurance protocols that are in place for the Eagle One project as well as all other drill tests, including Eagle Two. Noront's QA/QC program has been in place since October 2007.
Bullboard Posts