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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May 14, 2008 07:40AM
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May 14, 2008 07:46AM
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May 14, 2008 07:49AM

If you go back and read all the JVs NOT has made this past while you will note that he always states at the end of one of the opening paragraphs, that both parties will form a committee on how best tomorrow forward with the exploration. Or something like that.

So my take is that FWR will be the operators and they will do the drilling but only after the drill plan drawn up by FWR is agreed upon by both parties. If not they'll hash it out in a New York minute..Don

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