JT has been buying on market often recently .
Makes me wonder should I average down and follow JT into the forest. Originally I came here for the Canadian assets which included copper and Lithium . To my knowledge no exploration has taken place. JT has an excellent resume.
MR JAMES THOMPSONEXECUTIVE DIRECTOR (appointed 13 May 2021)James has been a founder and director of numerous ASX-listed and private resource companies overthe last decade in the base, precious and battery metals sectors. His involvement has encompassedmultiple phases of the junior resources company life cycle, from project generation, capital raising,M&A and operations through to exit.His 25-year career includes significant investment experience with firms including Macquarie Bank,Quadrant Private Equity and Viburnum Funds. James has a Bachelor of Commerce and Bachelor ofLaws and commenced his career as a chartered accountant with KPMG.Mr James Thompson has not been a director of any ASX listed Company for the last 3 years.
CANADA
The Onaman project is located on the Onaman-Tashota Greenstone Belt approximately 3 hoursdrive to the north-east of Thunder Bay, Ontario and is well serviced by the Trans-Canada Highway,rail lines through the property and a highly skilled workforce (Fig. 36). The region is supportive ofthe mining sector and is currently seeing the rapid exploration and development of numerous minesites nearby including those related to battery metals/ green energy sector (including Li, Ni, Cu)as well as multiple Au and PGE mines. Noronex Ltd currently holds 1,277 mining claims, 8 patentclaims, and 2 leases, for an approximate area of 26,628 hectares (Fig 37).
Detailed map of Noronex Projects in Ontario, Canada.The Lynx deposit has a compliant JORC (2012) Inferred Mineral Resource estimate of 1.63 milliontonnes of 1.6% Cu, 0.66g/t Au and 39.7g/t Ag (Fig. 38) and historical drill intercepts1 including:• S06-01: 5.0m @ 6.0% Cu, 1.5g/t Au and 154g/t Ag from 96m• S08-33: 7.5m @ 4.9% Cu, 2.0g/t Au and 136 g/t Ag from 111m• S08-52: 3.7m @ 8.1% Cu, 6.1g/t Au and 236 g/t Ag from 195m
https://announcements.asx.com.au/asxpdf/20220930/pdf/45frs22yfbjgwg.pdfPlenty to like but not the SP
IMO
