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: OT: Silly sell-off in FNC today...
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Well, when I spoke to Smith on Monday he said he felt that did not go deep enough... Not sure why they missed (angle versus depth), but the what is important is the source of AEM anomaly, which is AT1 on NOT ground, has not been discovered by the 4 holes they drilled...

Some seem to thing this has negative implications for FNC, but this anomaly is not even on their property...

At any rate, it is clear that NOT believe there is more work to be done, as it is highly unlikely they will leave untested what they describe as "short, strong, deep airborne target".

The AT1 story has yet to unfold...

Regards,

B.

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