Blackbird Resource Estimate NI 43-101 Report

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Blackbird Resource Estimate NI 43-101 Report NORONT RESOURCES LIMITED TECHNICAL REPORT ON THE MINERAL RESOURCE ESTIMATE FOR THE BLACK BIRD CHROME DEPOSITS JAMES BAY LOWLANDS NORTHERN ONTARIO, CANADA Effective Date: December 31, 2009 Signing Date: January 22, 2010 Richard Gowans, P.Eng Jane Spooner, MSc, P.Geo Alan J. San Martin, MAusIMM Charley Murahwi, MSc., P.Geo., MAusIMM SUITE 900 - 390 BAY STREET, TORONTO ONTARIO, CANADA M5H 2Y2 Telephone (1) (416) 362-5135 Fax (1) (416) 362 5763 Table of Contents Page 1.0 SUMMARY ....................................................................................................................1 1.1 TERMS OF REFERENCE, PROPERTY DESCRIPTION AND OWNERSHIP ..............................................................................................................1 1.2 ACCESSIBILITY, CLIMATE, LOCAL RESOURCES, INFRASTRUCTURE, .................................................................................................2 1.3 GEOLOGICAL OUTLINE.........................................................................................3 1.4 DEPOSIT TYPE..........................................................................................................4 1.5 MINERALIZATION...................................................................................................4 1.6 EXPLORATION .........................................................................................................5 1.7 DRILLING...................................................................................................................7 1.8 SAMPLING, ANALYSES AND SECURITY............................................................7 1.9 DATA VERIFICATION.............................................................................................9 1.10 MINERAL PROCESSING METALLURGY.............................................................9 1.11 MINERAL RESOURCES...........................................................................................9 1.12 CHROME MARKETS..............................................................................................11 1.13 INTERPRETATION AND CONCLUSIONS...........................................................11 1.14 RECOMMENDATIONS...........................................................................................12 2.0 INTRODUCTION........................................................................................................15 2.1 BACKGROUND .......................................................................................................15 2.2 AUTHORIZATION AND PURPOSE ......................................................................15 2.3 SOURCES OF INFORMATION..............................................................................16 2.4 SCOPE OF PERSONAL INSPECTION...................................................................17 2.5 ABBREVIATIONS ...................................................................................................17 3.0 RELIANCE ON OTHER EXPERTS ........................................................................19 4.0 PROPERTY DESCRIPTION AND LOCATION ....................................................20 5.0 ACCESSIBILITY, CLIMATE, LOCAL RESOURCES, INFRASTRUCTURE AND PHYSIOGRAPHY.......................................................23 5.1 PHYSIOGRAPHY.....................................................................................................23 5.2 RELIEF AND DRAINAGE ......................................................................................23 5.3 ACCESSIBILITY......................................................................................................23 5.4 CLIMATE..................................................................................................................24 5.5 VEGETATION..........................................................................................................25 5.6 FAUNA......................................................................................................................25 5.7 LOCAL RESOURCES..............................................................................................25 5.8 SURFACE RIGHTS..................................................................................................26 6.0 HISTORY .....................................................................................................................28 6.1 GENERAL HISTORY..............................................................................................28 6.2 DISCOVERY HISTORY..........................................................................................29 i 6.3 HISTORIC PRODUCTION ......................................................................................30 7.0 GEOLOGICAL SETTING.........................................................................................31 7.1 REGIONAL GEOLOGY...........................................................................................31 7.1.1 Precambrian Basement Complex.......................................................................31 7.1.2 Paleozoic Platform Rocks..................................................................................32 7.1.3 Quaternary Geology...........................................................................................32 7.2 LOCAL AND PROPERTY GEOLOGY...................................................................33 8.0 DEPOSIT TYPES ........................................................................................................36 8.1 CHROMITE DEPOSITS...........................................................................................36 8.2 GENETIC MODEL OF THE BLACKBIRD CHROME DEPOSITS ......................37 9.0 MINERALIZATION...................................................................................................39 9.1 GENERAL STATEMENT........................................................................................39 9.2 MINERALIZATION TYPES....................................................................................39 9.3 CONCLUDING REMARKS.....................................................................................40 10.0 EXPLORATION..........................................................................................................42 10.1 2003 FUGRO AIRBORNE SURVEY ......................................................................42 10.2 2004 GROUND MAGNETIC AND HORIZONTAL LOOP EM SURVEY ...................................................................................................................42 10.3 2007 NORONT AEROTEM II HELICOPTER SURVEY .......................................43 10.4 2008 MAGNETIC, VLF, HLEM, GRAVITY AND LARGE LOOP TDEM SURVEYS.....................................................................................................45 10.5 2008 DRILL HOLE IP SURVEYS ...........................................................................45 10.6 2009 TDEM SURVEYS............................................................................................46 11.0 DRILLING ...................................................................................................................47 12.0 SAMPLING METHOD AND APPROACH .............................................................55 13.0 SAMPLE PREPARATION, ANALYSES AND SECURITY..................................57 13.1 PREPARATION........................................................................................................57 13.2 ANALYSES...............................................................................................................57 13.3 SECURITY AND QA/QC.........................................................................................58 14.0 DATA VERIFICATION .............................................................................................59 14.1 SITE VISIT................................................................................................................59 14.2 LABORATORY VISIT.............................................................................................62 14.3 REPEAT PULP ANALYSES....................................................................................62 14.4 ELECTRONIC DATABASE VALIDATION/AUDIT.............................................63 15.0 ADJACENT PROPERTIES .......................................................................................64 16.0 MINERAL PROCESSING AND METALLURGICAL TESTING........................66 16.1 EPMA ........................................................................................................................66 ii 16.2 METALLURGICAL SAMPLES..............................................................................68 16.3 METALLURGICAL TESTING................................................................................69 16.3.1 Gravity Separation – Heavy Liquid Separation.................................................69 16.3.2 Gravity Separation – Wilfley Tables and Mozley Separator.............................70 16.3.3 Magnetic Separation..........................................................................................71 16.4 CONCLUSIONS .......................................................................................................73 16.5 RECOMMENDATIONS...........................................................................................74 17.0 MINERAL RESOURCE AND MINERAL RESERVE ESTIMATES...................75 17.1 DATABASE DETAILS............................................................................................75
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