McFaulds Lake Project
Jeremy Niemi, Vice President, Geology for Noront Resources is the qualified person who prepared or supervised the preparation of the scientific and technical information disclosed herein.
Thunderbird
In April 2009, Noront discovered vanadium, titanium and iron when testing a prominent north-south trending magnetic anomaly approximately 12 kilometres northeast of Eagle's Nest. The anomaly measured seven kilometres along strike and more than three kilometres across.
A total of five holes (2,227 metres) tested this target, three of which intersected significant vanadium, titanium and iron mineralization defining an anomaly measuring more than one kilometre along strike. The holes intersected either a single lens measuring more than 100 metres downhole or a double zone measuring several tens of metres down hole. Vanadium grades range from 0.25% to more than 0.50%.
No further work is planned at Thunderbird in 2010.