ONTARIO — Toronto-based Noront Resources has updated assays results from its Eagle’s Nest deposit to include platinum and palladium values. The deposit is located at the company’s McFauld’s Lake property in the Ring of Fire.
Hole 09-68 intersected 49.5 metres that averaged 2.22% Ni, 0.74% Cu, 1.26 g/t Pt and 3.68 g/t Pd. Within this intersection was a 5.5-metre length that tested 7.49% Ni and 0.95% Cu.
Hole 09-63 intersected 14 metres averaging 2.92% Ni, 1.14% Cu, 1.05 g/t Pt and 5.21 g/t Pd. The core section included a 3.4-metres length of 7.28% Ni, 1.71% Cu, 0.06 g/t Pt and 6.43 g/t Pd.
Hole 09-67 intersected 101 metres averaging 1.75% Ni, 1.07% Cu, 0.86 g/t Pt and 2.71 g/t Pd.
Noront noted that the results are from continuing drilling targeted at extending the limits of 1B and 1C lenses discovered in August 2009. Drilling to date suggests that the Eagle 1B and 1C lenses may be a single unit with a current defined vertical length of over 700 metres.
Noront is testing the Double Eagle nickel-copper property and the Blackbird chromite properties in the James Bay Lowlands. A technical report on the Eagle One deposit is posted at www.NorontResources.com.