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)

Free
Message: Regional Geologic Setting of McFaulds, James Bay..

Evening. While Noront at present holds the key to first know rich nickle, copper and platinum group metals deposit there is seemingly good reason to consider some side bets on other McFauld lake players. I'm thinking here of those like Probe, Freewest and Fancamp because they are so darn close to DE 1 . Also BMK since they seem to be identifying a large but lower grade deposit.

Noront was able to stake a tremendous amount of claims both by themselves and in partnership so investment in Noront also, in many ways, is a side bet for other more distant deposits.

It's going to be one heck of an interesting drilling season. Bet we see more roller coaster ride in Market price as well but a lot more on the upside than we've seen so far this year.

Share
New Message
Please login to post a reply