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: JV Update on wire gzz

JV Update on wire gzz

posted on May 11, 2009 06:00AM

Luc Bourdon Prospect "White Pine/Noront Option", McFauld's Lake, Ontario: Airborne geophysical surveys ("VTEM") were completed during 2008. An initial five targets were selected for detailed follow-up by ground geophysics. The Company has been informed by the Operator (WPR) that diamond drilling is now underway on the Golden Valley option. White Pine Resources and Noront Resources may each earn a 35% interest by funding a combined total of $5,000,000 in exploration and by paying additional consideration (cash/shares) of $350,000 (paid) to Golden Valley. Following vesting, Golden Valley will retain a carried interest of 30% to production

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