HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Re: NEWS- seems odd to highlight the lowest % Chromite in the headline

in response to by
posted on Jan 15, 2009 03:12PM

Does anyone else find it odd that Noront chose to highlight the lowest concentration of chromite (even though it was the widest band)? Much was made in previous NRs about the high concentration of chromite, and it seems likely that reporting one of the higher-concentration bands (or the highest: 17 metres averaging 43.84 per cent Cr2O3(!!!)) (or the highest product of width times concentration, even) would have been a more consistent and better approach.

Just seems like the choice of the headline would indicate a significant *decrease* in the concentration/quality of the deposit to anyone not reading the entire NR.

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