posted on
Jun 03, 2008 04:57AM
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)

Message: Re: NOT NEWS
This could be very important to Noront (as well of course to Probe) and perhaps likely to follow the earlier FWR jv deal. That would just leave FNC left in immediate area to come to the table.
I can't help but think the expense of doing deep drilling as Noront has been doing on DE2 is a factor here. Splitting the costs of exploration in the Double Eagle area must be making more and more sense.
Bet this boosts Probe's share price, as well as FWR and maybe even FNC's. Tends to polish Noront's crown so just maybe we'll see a turn around today.
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