Gold, Platinum, Nickel, Copper and Base Metal Exploration
Active in resource exploration throughout Ontario, New Brunswick, Quebec, China and Mexico
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Noront Resources > Message
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Re: NOT like KODIAK and the 43-101 - Poly

Posted by: CMP on June 18, 2008 09:48AM

In response to: Re: NOT like KODIAK and the... by bravekind

I have always maintained that a 43-101 can be a dangerous document if done prematurely. With an irregular orebody, they can be difficult. As a matter of fact, I think that at Windfall, the vein structure is such that it is nearly impossible to define and the ramp is necessary to better access the gold and prove up resources. It is true that a 43-101 can be added to as information is compiled. I am of the opinion that we really need a 43-101. However, it is quite obviously imperative to deliver a resource calculation that will support a much higher price than currently exists rather than a premature smaller resource that will disappoint the market. The only way to do that is drill drill drill. We have the brains and experience within the company to do the strategizing for us.

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