Ring of Fire hot in silver and zinc

摘要

Since 2007 whenNorontResources (NOT-V, NOSOF-O) discovered a high-grade nickel-copper-platinum-palladium deposit in the James Bay lowlands in an area now dubbed the Ring of Fire, more than a hundred exploration companies have swooped down on the area to stake claims. The frenzy deepened following Noront's discovery of a second nickel-copper deposit, as well as two high-grade chromite discoveries. The results are now starting to trickle in. Just 45 km north of Noront's Eagle One deposit, White Pine Resources (WPR-V), Metalex Ventures (MTX-V, MLXVF-O), and Arctic Star Diamond (ADD-V, ASDZF-O) are now reporting strong zinc and silver intercepts at their 501 discovery.