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Noront Provides Update Regarding Exploration Activities and Issuance of Shares and Stock Options

Vivien Diniz
Apr. 19, 2016 09:32AM PST
Base Metals Investing

Noront Resources Ltd.(TSXV: NOT) is pleased to provide an update on its exploration efforts in the Ring of Fire. According to the news: The Company is progressively and systematically exploring the favourable footwall contact that hosts the Eagle’s Nest nickel-copper-platinum-palladium deposit and the showings known as Blue Jay and Eagle Two. Noront has claims and leases …

Noront Resources Ltd.(TSXV: NOT) is pleased to provide an update on its exploration efforts in the Ring of Fire.
According to the news:

The Company is progressively and systematically exploring the favourable footwall contact that hosts the Eagle’s Nest nickel-copper-platinum-palladium deposit and the showings known as Blue Jay and Eagle Two. Noront has claims and leases that cover over 30 kilometres of ground along this highly prospective contact (Please see Figure 1).
Surface geophysical surveys have been completed over Project Areas 1, 2 and 3 (Please see Figure 2). This work consisted of ground based induced polarization (IP) surveys to locate areas of chargeable response along the contact, followed up with deep-looking electro-magnetic (UTEM 5) surveys to identify potential massive sulfide targets.
While several geophysical anomalies were identified in the project areas, none have been classified as “massive-sulfide” targets. Noront remains disciplined in its exploration approach and will focus drilling budgets on those targets with the greatest chance of intersecting massive sulfide mineralization as at Eagle’s Nest.

Click here to view the full press release. 

induced polarization noront resources ltd
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