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Noront Resources Ltd. |
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Video Luncheon
November 28, 2007 |
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THE COMPANY
We are an exploration company dedicated to the search for precious
metals in Northern Ontario, New Brunswick and Quebec in Canada, as
well as Inner Mongolia, China, Mexico and Hungary.
Our years of expertise and commitment give us the edge needed to
quickly and efficiently find new properties and projects for
consideration.
At Noront Resources, our goal is to make effective decisions on the
acquisition of properties to provide the most lucrative return on
investment for our shareholders.
A detailed airborne geophysical survey is currently being flown for
the Company over its entirety, at 100 metre line centres. The
detailed survey will yield greater definition and resolution of
anomalies than those defined by the earlier survey flown at
300-metre line spacing in 2003. It is being completed by Aeroquest
International using the AeroTEM II helicopter-borne time domain
system and it is anticipated that preliminary results will be
available to the Company in early December.
In anticipation of receiving the detailed airborne geophysical
results, the Company has commenced a property-wide line cutting
program, to facilitate the completion of ground geophysical surveys.
These will include horizontal-loop electromagnetic (HLEM),magnetic
and possibly gravity surveys. The intent of the ground surveys is to
further refine the location, tenor and nature of the airborne
geophysical anomalies in preparation for diamond drilling. The
ground geophysical survey will commence immediately following the
completion of the line cutting.
The Company is also sampling 2 critical drill holes that were
completed earlier on the Property. Both of the drill holes
intersected thick sections of komatiitic rocks (up to 180 metres)
that were only sampled locally. One of the holes FW-06-03, completed
on the Freewest JV portion of the Property, intersected high-grade
chrome mineralization with anomalous nickel, copper and
platinum-group-element mineralization within peridotite.
Petrographic and geochemical analyses of the drill core will yield
additional information on the nickel-copper-PGE mineralizing system
in preparation for diamond drilling.
Phone: 416 864-1456
Fax: 416 367-5444
info@norontresources.com
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