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: Re: JV Operator"Initially"
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JV Operator
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seawind
May 14, 2008 07:40AM
Re: JV Operator"Initially"
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railroader
May 14, 2008 07:46AM
I read it as meaning that after the initial exploration effort they will then decide who operates it going forward. If the drills turn up nothing then this is a moot point. If they discover something, then they have the liberty of assessing whether it makes more sense for Noront or Freewest to operate the property going forward.
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Re: JV Operator"Initially"
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donypee
May 14, 2008 08:32AM
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