NORONT IDENTIFES LOW-GRADE BULK TONNAGE POTENTIAL AT AT-12
TORONTO, June 28, 2011 /CNW/ --
TORONTO, June 28, 2011 /CNW/ - Noront Resources Ltd. ('Noront' or the 'Company') (TSX Venture: NOT) is pleased to report final assay results from the 2010 /11 winter
exploration program at the Company's McFaulds Lake Project in the James
Bay lowlands, Ontario.
HIGHLIGHTS AT-12
NOT-11-2G50 359.70 metres averaging 0.29% Ni, 0.15% Cu, 0.11 g/t Pt
and 0.34 g/t Pd;
NOT-11-2G52A 150.25 metres averaging 0.21% Ni, 0.14% Cu, 0.13 g/t Pt
and 0.36 g/t Pd
Revised composites from previously reported drill holes:
NOT-08-2G15 419.00 metres averaging 0.28% Ni, 0.07% Cu, 0.06 g/t Pt
and 0.18 g/t Pd;
NOT-09-2G30 114.43 metres averaging 0.51% Ni, 0.20% Cu, 0.23 g/t Pt
and 0.74 g/t Pd
NOT-10-2G41 232.97 metres averaging 0.24% Ni, 0.04% Cu, 0.08 g/t Pt
and 0.23 g/t Pd
NOT-10-2G42 337.94 metres averaging 0.22% Ni, 0.04% Cu, 0.07 g/t Pt
and 0.19 g/t Pd
Noront's President and CEO, Wes Hanson, states: 'The exciting discovery of pervasive nickel mineralization and
establishing the geometry of the AT-12 ultramafic dike are very
significant events. Preliminary estimates suggest that AT-12 averages
0.30 to 0.35% nickel, comparable to many nickel projects currently
being evaluated for economic exploitation. The Company believes AT-12
may be amenable to bulk mining methods, which would significantly
increase the life of our Eagle's Nest advanced development project and
could potentially increase that projects throughput rate. Establishing
the geometry of the AT-12 ultramafic dike, specifically the plunge,
will assist in our efforts to identify higher grade nickel-copper
sulphide mineralization at the lower contact of the dike where
irregularities allow pooling of the nickel-copper sulphide
mineralization as observed in the cluster of drill holes at the
north-northeastern limit of the dike where it intersects surface.'
2010-11 WINTER DRILL RESULTS
The Company completed 16 holes (8,006 metres) during the winter field
season.
AT-12
Seven holes were completed at AT-12 to test geophysical anomalies
identified from surface surveys.
http://www.norontresources.com/documents/getDocument/AT12_PlanMap_June_2011.jpg
The majority of the drill holes identified pervasive nickel
mineralization within the ultramafic dike hosting the AT-12
mineralization. The core of the dike is an olivine-pyroxenite -
peridotite that grades outward to pyroxenite at the margins. Nickel
grades range from 0.20% to 0.70% nickel over core intervals ranging
from several tens of metres to several hundred metres. Sampling
correctly focused on areas where visible sulphides were observed in the
core. Areas where sulphide mineralization was sparse were not routinely
sampled resulting in gaps in the sampling record. The Company has
identified additional intervals to eliminate the sampling gaps.
The identification of pervasive nickel in the 2011 drilling was
supported by a review of the historical assay records at AT-12. This
review identified a number of long nickel intercepts that had not
previously been reported within the AT-12 dike.
Table 1 presents the results of the new composites from the historical
drilling, the originally reported intervals of the historical drilling
and the latest results from the winter 2010 - 2011 winter drill
program.
The nickel mineralization at AT-12 has been traced by drilling for 1,400
metres along strike to an average depth of 600 metres from surface. The
dike dips sub-vertically, averages 200 metres in width and plunges to
the south-southwest at 60º to 70º. Nickel grades range from 0.2% to
0.7% within the ultramafic dike. The nickel mineralization at AT-12
compares favourably to a number of nickel sulphide deposits elsewhere
in Canada and the USA in terms of both grade and size.
Higher nickel grades, in excess of 1.0%, previously reported in holes
NOT-09-2G34 to 2G37 are localized at the north-northeast limit of the
AT-12 dike where it intersects the topographic surface. Company
geologists believe that this area may represent the lower contact of
the AT-12 dike. Given the plunge to the south-southwest, the Company
believes that exploration along the lower contact may yield additional
high-grade nickel-copper sulphide mineralization as irregularities
along the contact could create areas where nickel-copper sulphides
mineralization could accumulate.
Spatial analysis of the AT-12 data confirms that the nickel
mineralization is confined to the host ultramafic dike. The interpreted
lower contact of the dike has only been drilled at the north-northeast
limit where it comes to surface. Further drilling along the lower
contact offers an excellent target for additional high-grade nickel,
copper, platinum and palladium mineralization. The Company is planning
a follow up exploration program during the upcoming winter season.
http://www.norontresources.com/documents/getDocument/AT12_LongSection_SECTION.jpg
http://www.norontresources.com/documents/getDocument/AT12_LongSection_PLAN.jpg
The Company plans to collect composite samples of the AT-12 nickel
mineralization for metallurgical testing.
AT-4
Three holes tested airborne and down-hole geophysical targets at AT-4
exploring for potential volcanogenic massive sulphide targets. These
holes intersected minor copper, zinc and gold mineralization over
narrow widths although a significant amount of quartz veining was
observed in drill core.
http://www.norontresources.com/documents/getDocument/PR_AT4_PlanMap_June2011.jpg
Thunderbird
Two holes tested the flanks of the Thunderbird iron-titanium-vanadium
discovery. Both holes intersected iron-titanium-vanadium mineralization
as planned but vanadium grades were lower than the initial drilling
while titanium grades were significantly higher.
Thunderbird remains a compelling target given market interest in
vanadium. The Company is considering additional field work at
Thunderbird.
http://www.norontresources.com/documents/getDocument/PR_Thunderbird_PlanMap_June2011.jpg
Eagle's Nest Complex
Three drill holes tested down-hole and surface geophysical targets near
the Eagle's Nest discovery. All three holes failed to intersect any
significant mineralization.
http://www.norontresources.com/documents/getDocument/PR_EaglesNestRegion_PlanMap.jpg
EAGLE'S NEST UPDATE
The Eagle's Nest Feasibility Study is in progress with a planned
completion date of Q1, 2012. The Company is evaluating options to
reduce the capital and operating costs presented in the Preliminary
Assessment dated October 2010. Results of the metallurgical testing
from Eagle's Nest are anticipated in the coming weeks.
Field crews are currently mapping, sampling and completing fish and bird
studies along the proposed road corridor from Pickle Lake to Eagle's
Nest.
As part of the Company's consultation process, a number of meetings and
open houses are planned during the summer. The objective of these
meetings is to present Noront's proposed development plan in the Ring
of Fire to the First Nation communities.
The company continues to meet with government and other industry
representatives to coordinate efforts on infrastructure development to
the Ring of Fire.
BLACKBIRD UPDATE
Drilling at Blackbird resumed in May with two drills focused on
expanding the Blackbird chromite resource along strike and down dip.
Ten to twelve thousand metres of drilling is planned over the summer
field season. The Company's objective is to double the total chromite
resource in advance of a Pre-Feasibility Study slated for completion in
H1, 2012.
Drilling at Blackbird will allow for limited testing of the Eagle 2
nickel copper sulphide discovery. Eagle 2 remains open down dip and
there is potential to increase the Company's nickel-copper resource
through additional drilling.
CLAIM STAKING:
On June 17,( )2011, the Company staked six mineral claims comprising 32 units on open
ground that lies directly to the north of Noront claims 4226694 and
4226662 (and directly south of Fancamp Exploration Limited's claims
3012257 and 3012258). These two 16-unit claims were formerly claims
4221148 and 4221149 of MacDonald Mines Exploration Ltd. Another
exploration company active in the Ring of Fire has announced that they
have staked these claims.
The Company has filed notice with the Mining Recorders Office contesting
the validity of the staking by the other company.
Noront also staked another 16-unit mineral claim, further to east. This
claim lies directly to the north of Noront's claim 4226616 and lies on
the west shore of McFaulds Lake, and was formerly claim 4212366 of
MacDonald Mines Exploration Ltd.
INDEPENDENT QUALITY CONTROL AND ANALYTICAL PROTOCOL
A thorough quality control program has been in effect for the McFaulds
Lake Project, which includes grouping samples into batches of 35 into
which are added 2 certified reference material standards, 2 field and
pulp duplicates also form part of the quality control program. It can
be said with confidence that all assays are reported in this Press
Release have passed the strict quality control guidelines as set out by
Noront's Qualified Person.
All samples reported upon herein were completed by Activation Labs
('Actlabs)' of Ancaster, Ontario. The samples submitted to Actlabs
were analyzed for multi-elements, including Ni and Cu using a four acid
digestion and by ICP analysis. The samples that received base metal
values greater than the upper limit for the method underwent further
analysis using ICP-OES. For the Au, Pd and Pt, the assay methodology
was Fire Assay on a 30 gram aliquot with an ICP finish. Silver was
analyzed using a 3-acid digest with an ICP analysis. For more
information on assay methodology please visit the Actlabs website at http://www.actlabsint.com.
For further information on the McFaulds Lake Project, please refer to
the Company's NI 43-101 compliant technical report 'Technical Report
and Resource Estimate, McFaulds Lake Project, James Bay Lowlands,
Ontario Canada' (effective April 18, 2011) available on the Company's
website and at www.sedar.com.
The potential quantities and grades disclosed herein are conceptual in
nature and there has been insufficient exploration to define a mineral
resource for some of the targets disclosed herein. It is uncertain if
further exploration will result in these targets being delineated as a
mineral resource.
Preparation of drilling results in this press release has been
supervised by Noront's senior management including Wes Hanson, P.Geo.
President and CEO of Noront, who is a Qualified Person under Canadian
Securities Administrators guidelines.
About Noront: Noront Resources Ltd. is focused on its significant and multiple,
high-grade nickel-copper-platinum-palladium, chromite, gold and
vanadium discoveries in an area known as the 'Ring of Fire', an
emerging multi-metals district located in the James Bay Lowlands of
Ontario, Canada. Noront is the dominant land holder at the Ring of Fire
and continues to delineate and prove up its discoveries with NI 43-101
technical and economic reports and an aggressive and well financed
drill plan for 2010. All material information on Noront can be found on
the Company's website at www.norontresources.com or at SEDAR at www.sedar.com
Wesley (Wes) Hanson
President & Chief Executive Officer
FORWARD LOOKING STATEMENTS
This release contains 'forward-looking statements' within the meaning of
applicable Canadian securities legislation, including predictions,
projections and forecasts. Forward-looking statements include, but are
not limited to, statements that address activities, events or
developments that the Company expects or anticipates will or may occur
in the future, including such things as future business strategy,
competitive strengths, goals, expansion, growth of the Company's
businesses, operations, plans and with respect to exploration results,
the timing and success of exploration activities generally, permitting
time lines, government regulation of exploration and mining operations,
environmental risks, title disputes or claims, limitations on insurance
coverage, timing and possible outcome of any pending litigation and
timing and results of future resource estimates or future economic
studies.
Often, but not always, forward-looking statements can be identified by
the use of words such as 'plans', 'planning', 'planned', 'expects' or
'looking forward', 'does not expect', 'continues', 'scheduled',
'estimates', 'forecasts', 'intends', 'potential', 'anticipates', 'does
not anticipate', or 'belief', or describes a 'goal', or variation of
such words and phrases or state that certain actions, events or results
'may', 'could', 'would', 'might' or 'will' be taken, occur or be
achieved.
Forward-looking statements are based on a number of material factors and
assumptions, including, the result of drilling and exploration
activities, that contracted parties provide goods and/or services on
the agreed timeframes, that equipment necessary for exploration is
available as scheduled and does not incur unforeseen break downs, that
no labour shortages or delays are incurred, that plant and equipment
function as specified, that no unusual geological or technical problems
occur, and that laboratory and other related services are available and
perform as contracted. Forward-looking statements involve known and
unknown risks, future events, conditions, uncertainties and other
factors which may cause the actual results, performance or achievements
to be materially different from any future results, prediction,
projection, forecast, performance or achievements expressed or implied
by the forward-looking statements. Such factors include, among others,
the interpretation and actual results of current exploration
activities; changes in project parameters as plans continue to be
refined; future prices of gold; possible variations in grade or
recovery rates; failure of equipment or processes to operate as
anticipated; the failure of contracted parties to perform; labour
disputes and other risks of the mining industry; delays in obtaining
governmental approvals or financing or in the completion of
exploration, as well as those factors disclosed in the company's
publicly filed documents. Although Noront has attempted to identify
important factors that could cause actual actions, events or results to
differ materially from those described in forward-looking statements,
there may be other factors that cause actions, events or results not to
be as anticipated, estimated or intended. There can be no assurance
that forward-looking statements will prove to be accurate, as actual
results and future events could differ materially from those
anticipated in such statements. Accordingly, readers should not place
undue reliance on forward-looking statements.
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
TABLE 1 - SUMMARY OF AT-12 DRILL RESULTS
Hole_ID From To Interval Ni Cu Pt Pd Disclosure
History
(m) (m) (m) (%) (%) (g/t) (g/t)
NOT-08-2G01 88.30 204.75 116.45 0.291 0.062 0.080 0.295 UPDATED
28/06/11
incl 97.00 105.00 8.00 0.660 0.110 0.180 0.740 Released
15/09/08
and 121.50 127.50 6.00 0.890 0.350 0.210 1.220 Released
15/09/08
and 136.50 139.50 3.00 0.810 0.110 0.210 0.710 Released
15/09/08
NOT-08-2G02 80.60 235.50 154.90 0.251 0.058 0.065 0.258 UPDATED
28/06/11
incl 196.50 226.10 29.60 0.720 0.180 0.130 0.570 Released
06/10/08
incl 216.30 226.10 9.80 1.410 0.290 0.160 0.770 Released
06/10/08
NOT-08-2G03 262.00 312.00 50.00 0.244 0.070 0.065 0.248 UPDATED
28/06/11
NO SIGNIFICANT VALUES Released
15/09/08
NOT-08-2G04 313.25 351.41 38.16 0.234 0.049 0.076 0.239 UPDATED
28/06/11
NO SIGNIFICANT VALUES Released
15/09/08
NOT-08-2G05 ABANDONED Released
15/09/08
NOT-08-2G06 ABANDONED Released
15/09/08
NOT-08-2G07 ABANDONED Released
15/09/08
NOT-08-2G08 424.30 428.70 4.40 0.201 0.022 0.036 0.146 UPDATED
28/06/11
NO SIGNIFICANT VALUES Released
15/09/08
NOT-08-2G09 ABANDONED Released
06/10/08
NOT-08-2G10 NO SIGNIFICANT VALUES Released
06/10/08
NOT-08-2G11 73.36 212.85 139.49 0.510 0.257 0.201 0.712 UPDATED
28/06/11
incl 90.00 212.85 122.85 0.560 0.290 0.220 0.790 Released
23/01/09
incl 137.90 141.00 3.10 2.560 0.440 0.310 3.120 Released
23/01/09
incl 164.40 169.90 5.50 2.380 3.050 0.920 2.620 Released
23/01/09
NOT-08-2G12 92.04 234.54 142.50 0.327 0.091 0.123 0.422 UPDATED
28/06/11
incl 110.40 223.30 112.90 0.350 0.100 0.140 0.460 Released
23/01/09
incl 161.80 162.40 0.60 3.170 0.340 0.260 2.020 Released
23/01/09
incl 207.90 210.00 2.10 1.260 0.420 1.350 1.900 Released
23/01/09
NOT-08-2G13 NO SIGNIFICANT VALUES Released
23/01/09
NOT-08-2G14 80.00 195.00 115.00 0.306 0.090 0.127 0.390 UPDATED
28/06/11
incl 97.00 171.00 74.00 0.410 0.130 0.170 0.530 Released
23/01/09
incl 97.00 106.70 9.70 1.580 0.260 0.650 1.920 Released
23/01/09
NOT-08-2G15 46.00 465.00 419.00 0.280 0.067 0.059 0.182 UPDATED
28/06/11
incl 90.80 101.20 10.40 0.610 0.190 0.210 0.820 Released
23/01/09
incl 99.00 102.00 3.00 1.610 0.170 0.450 2.580 Released
23/01/09
and 112.30 130.20 17.90 0.670 0.240 0.140 0.450 Released
23/01/09
incl 120.90 123.40 2.50 1.650 0.390 0.210 0.590 Released
23/01/09
NOT-08-2G16 152.75 196.90 44.15 0.202 0.056 0.065 0.147 NEW DATA
NOT-08-2G17 27.00 148.00 121.00 0.207 0.014 0.074 0.186 UPDATED
28/06/11
and 175.00 288.00 113.00 0.222 0.003 0.003 0.005 Released
23/01/09
and 344.00 362.00 18.00 0.214 0.023 0.078 0.220 Released
23/01/09
NOT-08-2G18 70.26 148.15 77.89 0.297 0.069 0.136 0.432 UPDATED
28/06/11
incl 100.70 143.70 43.00 0.270 0.060 0.140 0.390 Released
23/01/09
and 143.70 148.15 4.45 1.410 0.450 0.440 2.380 Released
23/01/09
NOT-08-2G19 169.30 294.86 125.56 0.247 0.029 0.058 0.167 NEW DATA
NOT-09-2G26 36.25 164.78 128.53 0.243 0.049 0.104 0.306 NEW DATA
NO SIGNIFICANT VALUES Released
10/12/09
NOT-09-2G27 33.00 414.00 381.00 0.242 0.034 0.095 0.284 NEW DATA
NO SIGNIFICANT VALUES Released
10/12/09
NOT-09-2G28 27.00 179.00 152.00 0.222 0.019 0.082 0.182 UPDATED
28/06/11
and 383.46 390.52 7.06 0.344 0.086 0.117 0.390 UPDATED
28/06/11
and 551.18 586.32 35.14 0.269 0.065 0.109 0.327 UPDATED
28/06/11
and 686.62 735.48 48.86 0.465 0.180 0.190 0.479 UPDATED
28/06/11
and 720.40 735.48 15.08 1.001 0.486 0.426 1.051 UPDATED
28/06/11
incl 720.80 735.50 14.70 1.020 0.500 0.430 1.070 Released
10/12/09
incl 730.70 732.30 1.60 4.160 1.720 1.510 0.700 Released
10/12/09
NOT-09-2G29 NO SIGNIFICANT VALUES Released
10/12/09
NOT-09-2G30 109.50 223.93 114.43 0.510 0.195 0.226 0.737 UPDATED
28/06/11
incl 143.20 184.80 41.60 0.820 0.350 0.410 1.280 Released
08/03/10
NOT-09-2G31 160.29 248.38 88.09 0.242 0.078 0.098 0.355 UPDATED
28/06/11
incl 228.10 248.40 20.30 0.530 0.190 0.200 0.780 Released
08/03/10
NOT-09-2G32 135.95 205.50 69.55 0.561 0.187 0.227 0.876 UPDATED
28/06/11
incl 156.00 204.40 48.40 0.740 0.250 0.300 1.190 Released
08/03/10
incl 159.00 169.20 10.20 1.380 0.510 0.510 1.340 Released
08/03/10
NOT-09-2G33 201.00 249.00 48.00 0.738 0.163 0.370 0.878 UPDATED
28/06/11
NOT-09-2G33 212.20 255.00 42.80 0.810 0.190 0.390 0.920 Released
08/03/10
NOT-09-2G34 318.00 320.15 2.15 2.650 0.245 0.430 0.963 UPDATED
28/06/11
NOT-09-2G34 318.50 320.20 1.70 3.380 0.300 0.540 1.220 Released
08/03/10
NOT-09-2G35 182.30 183.80 1.50 1.340 0.810 0.510 2.060 Released
08/03/10
NOT-09-2G36 140.46 159.64 19.18 0.670 0.138 0.195 0.566 UPDATED
28/06/11
incl 157.50 159.60 2.10 4.180 0.740 1.060 2.580 Released
08/03/10
NOT-09-2G37 117.00 122.59 5.59 1.072 0.722 0.257 1.277 NEW DATA
incl 117.00 120.00 3.00 4.710 3.080 0.770 4.290 Released
08/03/10
NOT-09-2G38 NO SIGNIFICANT VALUES Released
20/07/10
NOT-09-2G39 NO SIGNIFICANT VALUES Released
20/07/10
NOT-09-2G40 NO SIGNIFICANT VALUES Released
20/07/10
NOT-10-2G41 81.63 314.60 232.97 0.244 0.040 0.075 0.229 UPDATED
28/06/11
incl 81.63 82.88 1.25 4.850 1.040 0.560 3.750 Released
20/07/10
and 81.63 252.00 170.37 0.273 0.049 0.086 0.272 UPDATED
28/06/11
and 104.10 250.56 146.46 0.240 0.040 0.080 0.210 Released
20/07/10
NOT-10-2G42 16.87 354.81 337.94 0.220 0.035 0.070 0.188 UPDATED
28/06/11
incl 201.28 214.15 12.87 0.290 0.050 0.080 0.240 Released
20/07/10
and 314.10 338.00 23.90 0.330 0.120 0.120 0.400 Released
20/07/10
NOT-10-2G43 203.63 242.60 38.97 0.207 0.013 0.070 0.157 UPDATED
28/06/11
and 323.77 381.00 57.23 0.186 0.050 0.096 0.271 UPDATED
28/06/11
incl 351.88 381.00 29.12 0.280 0.090 0.150 0.440 Released
20/07/10
NOT-10-2G44 287.41 444.00 156.59 0.221 0.093 0.099 0.269 UPDATED
28/06/11
incl 352.50 375.00 22.50 0.310 0.140 0.160 0.440 Released
20/07/10
NOT-10-2G45 86.50 234.57 148.07 0.203 0.030 0.065 0.197 UPDATED
28/06/11
incl 202.50 217.50 15.00 0.230 0.030 0.090 0.320 Released
20/07/10
NOT-10-2G45 85.43 95.00 9.57 0.230 0.080 0.120 0.500 Released
20/07/10
NOT-11-2G48 NO SIGNIFICANT VALUES NEW DATA
NOT-11-2G49 NO SIGNIFICANT VALUES NEW DATA
NOT-11-2G50 58.00 417.70 359.70 0.286 0.151 0.114 0.337 NEW DATA
incl 58.00 164.56 106.56 0.329 0.144 0.116 0.305 NEW DATA
and 242.27 326.00 83.73 0.369 0.243 0.169 0.535 NEW DATA
and 252.00 274.43 22.43 0.393 0.237 0.156 0.519 NEW DATA
and 364.00 393.00 29.00 0.411 0.159 0.134 0.453 NEW DATA
NOT-11-2G50-W1 343.40 439.08 95.68 0.290 0.109 0.092 0.330 NEW DATA
NOT-11-2G51 60.00 80.00 20.00 0.204 0.023 0.066 0.160 NEW DATA
and 115.00 136.00 21.00 0.277 0.048 0.101 0.279 NEW DATA
and 158.00 246.00 88.00 0.260 0.029 0.075 0.193 NEW DATA
and 280.00 317.52 37.52 0.252 0.038 0.084 0.219 NEW DATA
and 366.28 469.00 103.00 0.251 0.043 0.091 0.260 NEW DATA
and 528.00 583.00 57.00 0.338 0.082 0.130 0.422 NEW DATA
and 620.86 681.00 62.00 0.305 0.094 0.116 0.366 NEW DATA
and 746.34 764.00 19.00 0.295 0.073 0.114 0.341 NEW DATA
NOT-11-2G52 Hole lost NEW DATA
NOT-11-2G52A 72.00 222.25 150.25 0.214 0.137 0.131 0.355 NEW DATA
and 346.00 374.00 28.00 0.228 0.067 0.126 0.232 NEW DATA
NOT-11-2G53 370.00 393.27 23.27 0.410 0.219 0.153 0.563 NEW DATA
TABLE 2 - SUMMARY OF AT-4 DRILL RESULTS
Hole_ID From To Interval Au Cu Ag Zn
(m) (m) (m) (g/t) (%) (g/t) (%)
NOT-11-1G198 229.50 240.50 11.00 0.45 0.12 2.99 0.02
incl 202.35 205.90 3.55 0.95 0.10 9.66 0.02
incl 202.35 210.22 7.87 0.48 0.11 7.28 0.02
and 259.50 262.34 2.84 0.04 0.51 2.35 -
NOT-11-1G199 222.30 234.60 12.30 0.08 0.20 14.10 0.04
incl 225.50 232.46 6.96 0.11 0.26 19.50 0.04
and 332.66 333.49 0.83 0.20 1.29 28.90 0.32
NOT-11-1G200 321.00 323.30 2.30 0.56 0.25 6.84 0.01
TABLE 3 - SUMMARY OF THUNDERBIRD DRILL RESULTS
Hole_ID From To Interval TiO2 V2O5 Fe3O4
(m) (m) (m) (%) (%) (%)
NOT-11-2G46 39.50 80.89 41.39 6.40 0.12 28.62
and 112.00 217.63 105.63 4.36 0.06 24.76
and 332.00 362.29 30.29 3.87 0.13 21.89
NOT-11-2G47 25.00 91.49 66.49 4.34 0.06 25.22
incl 101.00 205.00 104.00 4.59 0.04 27.24
and 304.26 361.00 56.74 5.24 0.04 25.47
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please contact Noront at (416) 367-1444, or visit Noront's website at: http://www.norontresources.com.