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: Day Dreaming

Day Dreaming

posted on Sep 15, 2008 06:37AM

Noront remains King of the Hill in the ROF but maybe a Crown Prince just turned up.

FWR turning up a large deposit of high grade chromium is probably one of the best things that Noront could wish for. Noront and FWR have long history of working together to obtain win/win benefits so who better to come up with complimentary mineralization?

Early days and no formal deal possible until FWR knows more BUT you can likely count on Noront extending every assistance they can to help FWR with Chromite work. A package deal for deposits would gain more for both companies than letting a 'major' play the two off against each other.

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