RE:RE:RE:RE:Just in case So what Noront has a fence and the minerals STOP at the fence line ???
or
Noront has not inked partnerships in the past on some of their claims ???
Ring of Fire Nickel Prospectivity
The grade of known nickel-copper-PGE sulfides in the Ring of Fire is comparable to some of the richest nickel deposits in the world. The high tenor nature of magmatic sulfides at Eagle’s Nest coupled with the proven conditions for formation of a sizeable nickel deposit presents a compelling case for continued nickel exploration in the region.
In 2019, the Company completed a nickel targeting exercise which identified over 70 early stage nickel targets in the Ring of Fire. The Victory target, staked in early 2020 was a product of this work. A recently completed VTEM-plus survey over the Victory property identified several mid-time EM conductors associated with magnetic targets of possible ultramafic source. Noront is examining follow-up ground EM surveys to better resolve these targets ahead of drilling.
In addition, a thorough, independent review of the extensive geophysical database will be commissioned to identify previously overlooked or undertested priority EM anomalies with nickel potential. It is worth noting that the Company’s geophysical database in the Ring of Fire consists of over 130 airborne EM surveys, over 250 ground EM surveys as well as numerous other surveys of different types (e.g., gravity, IP). Most of these surveys were completed by previous operators in the early days of Ring of Fire exploration prior to our current understanding of the geology in the region. A re-evaluation of this extensive dataset is timely and may yield a significant number of quality untested targets.