HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: NOT a Meteor!

NOT a Meteor!

posted on Dec 15, 2007 06:36AM

After talking with CEO's and geo involved with the area plays, this was NOT a meteor crater/strike like Sudbary. No Chance Zip Nada Zero. Forget it. Likely an intrusive or a feeder as one of them told me. This academic Murgall or whatever his name is from th U of T is the one to follow as he's independant. More wanting to discuss how it got there rather than how much is there.

Saying it extends for kilometres is very very good for us. I tried to call RN to clarify the impending JV with FWR as it would likely invlove SPQ also and to touch base on a few other matters. If you have any questions you would like me to ask him then please email me.

FWR is a no brainer and SPQ, I welcome any thoughts on UC. Also interesting are the new claims north of centre of the circle and where oh where is CVRD staking? Aurora/FNX is not in the imediate vicinity but albeit they are there. BMK staking north of PRB's Victory project also TME there as well and Northern shield.

The staking rush is not over by a long shot. Have a good weekend all, Calgary is overcast and nippy. How about them Flames 4 in a row!

Oz

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Dec 15, 2007 06:44AM
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