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Noront Resources Ltd. 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

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Post by backflipson Mar 26, 2015 6:06pm
256 Views
Post# 23566306

PAID OVER 1/2 BILLION for just $20 million! $$$$$$$

PAID OVER 1/2 BILLION for just $20 million! $$$$$$$

 

Globe says Cliffs poised to sell Ring assets to Noront

2015-03-24 08:33 ET - In the News

Also In the News (C-FNV) Franco-Nevada Corp

The Globe and Mail reports in its Tuesday edition that Cliffs Natural Resources is selling its Ring of Fire assets to Noront Resources (48.5 Canadian cents). The Globe's Rachelle Younglai and Bertrand Marotte write that Noront will pay $20-million (U.S.) cash for Cliffs' chromite deposits. Cliffs originally paid $550-million (U.S.) to buy the properties

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