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: Putting the two together
I was actually expecting as little as ~1% Ni or better in each banded interval and was curious as to how that would look when AVERAGED into the overall lengths of each section sampled for Assaying. The Magnetite Breccia and the Sulfide Breccia, I expected would lower the overall Mineralization Grade. One of the things I did look forward to seeing were Pd/Pl results for the Cr intersections. What did and still makes me very optimistic is that this Ni and Cu had to come from somewhere and likely exists in higher Grades where ever that is. Apparently Noront's Professional Geology Team (Dr. Mungall included) is certain the source lies to the Geodesic North od these Drill locations. That means into the Pluton Intrusion! on the INSIDE of the RING!!! Old Joe I fully expect they will be finding more minerals there but likely in relatively low concentrations, unless there are Companion Minerals that will assist in building up areas of higher concentration. As for Ni and Cu, I expect that where ever they find sufficient Brecciated Rock to the north, and maybe even eventually in the Country Rock toward the South also, there will be better than chance they will get some good grades of the Ni and Cu. Where will there be good concentrations of PGM's is too difficult for me to dream of commenting on, for the time being and likely onward as well. As I stated a long time ago, "The Complex Geology is Complex". That makes reading it visibly challenging and reading it blindly much more so. You can ask Dr. Palmer at Probe about that if you like. On the other hand, the complexity also makes the existence of many Mineralized Traps and Sills as well as Deposits of varying Mineral Composition and Deposit Size more likely. Good stuff but a challenge to reveal away from the RFI. Now, the RFI can be variable in size, shape and extent but is is there for many many kilometers Horizontally and of unknown Vertical extent (though we can count on it going deep into the crust). I said it should be packed. I will think of it as the "Treasure Chest" we have in Hand. The Batholoth is like a flock of potential "Treasures in the Bush"! The Country Rock (the Rock to the OUTSIDE of the RFI is a steamy cauldron of trapped (Hydrologically Precipitated) mineralization where ever the cracks in the Country Rock remained open while the Brew was being Brewed. The Cr in the RFI built up to very considerable depths over a very long Hydrothermally Active period, thus explaining it's considerable thickness. This speaks well for the Country Rock also having a very lengthy Active Deposition time frame. Old Joe PS: But by now every one reading this Forum already knew this stuff, at least in a general sense. RIGHT!
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