Re: McFaulds Lake area interest
in response to
by
posted on
Mar 27, 2008 05:57AM
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)
Their claim to have the largest 'target' in the 'ROF' seems to me to be doubtful since Noront and others where actively staking in this area well before them and highly unlikely they would have missed staking ground with high potential.
It could be a plus for all the players because they do have cash in the bank to support exploration activities this year and 'ROF' will be in the news all this year.