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: high volume bmk

Re: high volume bmk

in response to by
posted on Apr 11, 2008 06:50PM

Just thinking about HSS saying that BMK had hit near their camp. Could it be the WSR/BMK JV area? Nickelodian thought that WSR wasn't drilling yet but I looked for this NR indicating that drilling was underway at end of March.

TORONTO, ONTARIO--(Marketwire - March 31, 2008) - WSR Gold Inc. ("WSR") (TSX VENTURE:WSR) is pleased to announce that a 2,500 meter drill program has commenced on its recently acquired James Bay nickel and copper properties. Through three separate agreements WSR will operate the exploration of 17 Claim Blocks on the northeast corner of the "Ring of Fire" on behalf of its partners, Noront Resources Ltd. (TSX VENTURE:NOT), Metalex Ventures Ltd. (TSX VENTURE:MTX) and MacDonald Mines Exploration Ltd. (TSX VENTURE:BMK). The agreements allow WSR an option to earn a 50% beneficial interest in both the NOT and MTX claims (as per our recent press releases) and WSR has an option to earn a 75% interest in the BMK claims (collectively the "Properties").

Since mobilization on February 25, 2008 WSR has:



1. Mobilized and completed construction of a 20 person exploration camp
with all the required equipment;
2. Mobilized an extensive exploration team;
3. Reviewed flight data and prioritized exploration targets;
4. Cut ground geophysics lines over the targets and a ground geophysics
program is underway;
5. Delineated a drill program; and
6. Mobilized a drill to the Properties.

A 2,500 meter drill program is now underway on the prioritized exploration
targets.

 

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