Re: New Out

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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donypee

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Re: New Out

in response to

New Out

QQ_Girl

posted on Jun 06, 2008 03:16PM

Do you see this what I call loose partnership among Nemis and the jv partners of note. Do you see accumulation occurring? Noront has also been assigned by WSR Gold Inc. ("WSR"), the option to earn a 35% interest in the property located in the James Bay lowlands (the "Golden Valley Property") owned by Golden Valley Mines Ltd. ("Golden Valley"). WSR has entered into a letter of intent with Golden Valley whereby it has the option to earn a 70% interest in the Golden Valley Property (the "Option"), and Noront can earn half of WSR's interest in the Golden Valley Property as further described below So we see NOT getting in for 35% of Golden Valley!!! This is all part of the accumulation IMHO...Don

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