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)

Free
Message: Noront Q2 2019 Corporate Presentation

Sudbury the value is even more impressive when chrome from blackbird is added in.

This piece below  is an often forgotten gem from 2009

http://norontresources.com/noront-announces-historic-chromite-resource-estimate-for-blackbird-deposit-at-mcfaulds-lake/

During the fourth quarter of 2008, Noront’s management committed the funding necessary to identify a chromite resource at Blackbird. Management’s objective was to define a Measured and Indicated chromite resource sufficient to support a 200,000 to 225,000 tonne per annum ferrochrome furnace for 15 years. At then current prices, Noront management estimated that a project of this size would generate approximately $500 million in revenue per year.

 

The close proximity of the Eagle’s Nest nickel-copper-platinum-palladium deposit, the Blackbird chromite deposit, the Eagle Two nickel-copper deposit and the Triple J gold deposit now being referred to as the “Eagle’s Nest – Blackbird Complex”) provides a unique opportunity whereby all FOUR deposits can be potentially accessed and developed from a centrally located shaft.

This central infrastructure will radically reduce the environmental footprint of the project area and will eliminate the operational and geotechnical uncertainty and capital cost associated with open-pit dewatering dikes. An underground mine at this location provides a stable, climate controlled work area that can easily be operated year-round. Our work is presently conceptual in nature but we, as a management team, believe that there is excellent potential in this centralized approach to reduce operating and capital costs and to minimize our environmental footprint.

Share
New Message
Please login to post a reply