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: Re: fancamp news out "geo question"
3
Oct 21, 2008 05:42AM

The Noront Hole 40, which enters Fancamp's ground at 690 metres in the hole, at a depth of 570 metres, shows numerous massive chromite layers interspersed with proxenite and peridotite, and ranging in thickness from fractions of a meter to seven metres, scattered through a 90.9 metre wide section between 632.7 and 723.6 metres in the hole. The massive seven metre thick chromite zone occurs at the bottom of the section. Peridotite containing 5-10% fine grained sulphide, possibly niccolite, a nickel rich arsenide, occurs in the 10.5 metre interval between 723.6 and the end of the hole at 734.1 metres. This section of course has been sampled throughout its length. Unfortunately the hole was stopped by Noront for technical reasons.

Can someone explain this for me. Was this hole drilled by NOT and stopped when they got close to the FNC line?

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Oct 21, 2008 07:29AM
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Oct 21, 2008 08:28AM
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Oct 21, 2008 08:37AM
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