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)
Message: Active Exploration 2019
Noront ResourcesVerified account @NorontResources 15m15 minutes ago
In early 2019 Noront's exploration activity will focus on our McFaulds copper-zinc VMS property. More details are in the recently updated Active Exploration section of our website: https://buff.ly/2RX352N #RingofFire #mining
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http://norontresources.com/projects/active-exploration/
Active Exploration
The next phase of our Exploration program will be heavily focused on the McFaulds Cu-Zn VMS property.
Figure 1: Planned drilling at MCF No.8 in 2019
VMS Cu-Zn
In early 2019 Noront’s exploration efforts will be heavily focused on the McFaulds Cu-Zn VMS property. The objectives at McFaulds for the year are two-fold:
- increase the size of the MCF No.8 deposit, and
- test additional targets which may lead to discovery of new VMS deposits
At MCF No.8, exploration will focus on expansion drilling both down-dip and along strike of the 26.4m massive sulfide intersection in MCF-18-98. This work will be guided by results of a surface gravity survey performed in December 2018 and will be supported with bore-hole EM during each program. Drilling at MCF No.8 in 2019 will aim to test an area approximately 350m deep x 150m wide below the latest intersection (figure 1).
In addition, Noront will be testing high priority geophysical targets uncovered in the recent ground gravity survey. Results of the survey show that sulfide mineralization responds well to geophysical imaging and will be used to identify untested targets at depth and along strike of known mineralization (figure 2).
Figure 2: Preliminary inversion model of the recent surface gravity survey at McFaulds showing known VMS mineralization and several untested targets
Magmatic Ni-Cu-PGE
Noront continues to review and build its pipeline of brownfields and regional Ni-Cu-PGE prospects through focused compilation efforts leveraging our internal knowledge and understanding of the geology of the ROF. These compilation efforts will continue in 2019.
Figure 3: Nickel target rocks in the ROF
Gold Targeting
Noront continues to solicit interest in partnering on our gold focused properties. In late 2017, after an extensive compilation program, the company staked a large number of gold targets in the ROF and is now actively seeking an industry partner to advance these early stage properties. Numerous parties have expressed an interest in the gold potential in the ROF.
Figure 4: Location of the South Kenyan Fault Zone (SKFZ), Webequie Shear Zone (WSZ) and Triple-J gold zone in the ROF. Noront claim boundary in white
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