High-grade Ni-Cu-Pt-Pd-Au-Ag-Rh-Cr-V discoveries in the "Ring of Fire"

NI 43-101 Update (March 2011): 11.0 Mt @ 1.78% Ni, 0.98% Cu, 0.99 gpt Pt and 3.41 gpt Pd and 0.20 gpt Au (M&I) / 9.0 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inf.)

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AGORACOM WIRE - WEDNESDAY MAY 30TH, 2012

GOLDEN HOPE MINES (TSXV:GNH) Confirms High Grade Intersection of 64.1 g/t Au (Gold) over 1m Read More

The screen metallic analysis returned 82 g/t Au for an average grade of 93.5 g/t Au.
Two additional fire assays on the original pulp done prior to the screen metallic analyses returned 0.22 g/t Au and 0.12 g/t Au for an average fire assay grade of 0.41 g/t Au. The weighted average of all the fire assays and screen metallic assays from this 1-metre section in hole BD2011-184 is 64.1 g/t Au.

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Message: UC thread discussion

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Re: UC thread discussion - Takeover of UC

in response to Re: UC thread discussion - Takeover of UC by Bishop69

posted on Oct 22, 09 08:30PM

"this info does not mean much until core samples are pulled and assay result are in"

Clearly a target is nothing until it is drilled.

Noront had the advantage of being the first to discover nickel. This allowed them to raise money and thus weather the recession better than most.

What I take exception to is the idea that everyone else is doing nothing while benefiting from all of Noronts hard work.

I submit that the recession created very hard times for most junior miners. Stock prices were depressed to very low prices, thus making it almost impossible to raise money.

Had the resession not occured, most of the other exploration companies would have been much more active than they were.

It was not, as you suggest, because they saw the opportunity to ride on Noronts coat tails.

Noront likes to boast that they are years ahead of everyone else and they likely are. But would they be had the recession not occured?

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