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Norra Metals Corp V.NORA.H

Alternate Symbol(s):  NRRMF

Norra Metals Corp. is a Canada-based precious and base metals exploration company. The Company’s principal business activities include the acquisition and exploration of resource properties. Its Norwegian assets include the Bleikvassli polymetallic, zinc-copper-lead-silver underground mine project and the Meraker copper-zinc- gold exploration project. It also holds a 100% interest in the Pyramid copper-gold porphyry project located in Northwest British Columbia. The Pyramid Property is located approximately 65 kilometers (kms) north of Dease lake in north-west British Columbia. The Company’s Bleikvassli property is composed of the last copper-zinc-silver-gold producing mine across six contiguous exploration licenses totaling 60 square kilometers (sq.km) of area in the Hemnes Municipality of the Nordland Fylke Province of Norway. The Meraker property is composed of approximately 21 contiguous mineral licenses totaling 206 sq. km in the Meraker municipality of Trondelag County, Norway.


TSXV:NORA.H - Post by User

Norra Metals Corp
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Post by Easy2Mineon Dec 17, 2012 10:26am
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Post# 20739472

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230Million Ounces Bought out for $371 Million or $1.61 an ounce

ORKO's Silver Resource:

Mineral Resources

Mining Method Classification Cut-off
grade
Silver
(g/t)		 Tonnes (millions) Silver (g/t) Silver (million ounces) Gold (g/t) Gold (000's ounces) Silver equivalent (g/t) Silver equivalent (million ounces)
Open Pit Indicated 25 29.6 104 99 0.20 190 115 110
Open Pit Inferred 25 47.7 86 132 0.16 245 95 146
Underground Indicated 60 0.1 99 0 0.16 0 108 0.2
Underground Inferred 60 1.9 124 8 0.21 13 136 8
Total Indicated   29.7 104 99 0.20 191 115 110
Total Inferred   49.6 87 140 0.16 259 97 154

 

 

 

LEVONS 310 Million Ounces of Silver is being Valued @ $0.06 cents an Ounce Not uncluding their $56 Million Cash on Hand.

 

 

 

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities