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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Zooloo

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AT-12

posted on Nov 19, 09 03:28PM

Just a reminder that they have a new theory regarding the orebody at AT12. I am hoping that this new theory leads to further (pleasant) surprises.

From Today's NR

"Drilling at AT12 is proceeding as planned and results will be reported in the coming weeks, as they are available from the lab and approved by Noront's quality control manager."

From the November 3 NR

"AT12 (Ni-Cu-PGE)
----------------
Drilling at our AT12 target has resumed following a review of new
geophysical survey data which indicated a strong target sub-parallel to
previous drilling. This suggests that the original drilling may have been
improperly oriented to intersect the zone. Lack of down hole survey data from
the original AT-12 drilling has introduced a level of complexity to the
interpretation of the AT-12 results. Recently, directional surveys have been
completed on critical holes in the AT 12 area to assist in the interpretation
of the drilling and BHEM. The new drilling will test the target at right
angles to the trend of the interpreted anomaly."