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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Message: The time has come ...

The time has come ...

posted on Feb 06, 2010 02:16AM

to tell us more about the Triple J Gold Zone as well.

After finding another very intriguing feature within the ENB Complex (by accident ? or just through Jeremy Niemi´s geological capacity)

the Triple J Gold Zone discovery was first announced with the October 27 2009 (!!!) NR:

"The Triple J zone was intersected during the definition drilling of the Eagle Two and Blackbird chromite deposits. Visual inspection of the core from the sheared contact zone has on several instances yielded visible gold. Based on these observations the Company plans to undertake a significant, sampling program focused on the granodiorite - peridotite contact in all the holes that intersect the contact and all subsequent holes. Since the samples taken to date were done so for nickel-copper sulphide or chromite mineralization results of the sampling program are not complete. However, results to date indicate a very consistently striking and dipping, large, low grade, gold deposit adjacent to the Blackbird and Eagle Two deposits.

Additional resampling work on all holes will be reported once results are available."

With the November 3 2009 NR, Noront stated:

"Triple J (Gold)
---------------
Currently Noront is reviewing regional geological information to trace the
structure that is believed to host the Triple J gold zone, which is adjacent
to the Blackbird and Eagle 2 deposits. A re-sampling campaign of all
intervals, which intersected the interpreted structure, is underway.
Updated
results will be released, as they become available and future exploration
plans including a drilling program will be evaluated once all information is
compiled and reviewed."

That was over 3 month (!!!) ago and with Christmas break and recent exploration halt, there was a lot of time to review and analyse the samples for Triple J.

More good things to come ?

Certainly hope so. And I would be even happier if things would be a little more speedy (especially now, when nothing else is going on in terms of drilling !).

FANTOMAS

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