Neil Novak...Part 1

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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Canseco

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Neil Novak...Part 1

posted on Sep 10, 2008 07:53AM

Noront won't comment directly on FNC's results, or prospects.

They will comment again on our AT1(just west of FNC's C1) results. They had established that there were conductors present, but after drilling they decided that the cause of the conductivity was either very deep, or the result of veinlets of serpentinite, and magnetite, in a very wet environment. Based on these results, they decided to move to other areas, but could return in the future. It appears that FNC has found the same.