The NOT/PRB drilling program will comprise eight holes totalling approximately 2,100 metres and will focus on the potential chromite horizon, as well as four additional geophysical targets that are prospective for nickel-copper and the platinum group metals.

The next 2-3 weeks are critical to us investors. There is no right or wrong in expressing opinions at this stage to predict the near future sp until the summer drilling projects are complete. IMO, if the Chromite deposit is found with good assay results as expected and further one additional Ni-Cu Platinum deposit is discovered among four additional targets, we would possibly see a spike on sp. The good thing is that Chromite is typical discovered at high grades.

The folloing is an old article about Chromium discovery published by Willem Middelkoop, February 7th 2009.

http://www.kwgresources.com/_resources/news/feb11-2009-discovery.pdf

"...Freewest Resources and Noront Resources also have made important chromium discoveries along the same trend in recent months. The three chromite projects lie along a 12-14 km-long northeast-southwest structural trend and all sit within the same peridotite body.

We could be talking about a $ 100 billion or more asset for a major to pounce on, just counting the chromite. And we all know how the world reacted to Noront’s discovery of the Eagles. We can also safely say that a major will want all the chromite together with all the Ni/Cu deposits along the 14 km zone...."

The combined market caps of the five players are (Feb. 2009):
Freewest (FWR.V) $ 51 mln
Spider (SPQ.V) $ 14 mln
Fancamp (FNC.V) $ 10 mln
KWG (KWG.V) $ 9 mln
Noront (NOT.V) $ 171 mln

Probe Mines (PRB.V) $ 6 mln (Cash $ 4.1 mln No debt)

If you see the map below, initial exploration activities started from south but is heading north (e.g., Black Bird, Big Daddy, AT12, Black Thor, Thunderbird Vanadium) and converged on where the NOT/PRB jv and Tamarack unexplored properties are. These properties have a high perspective of hosting Chromite, Vanadium and Ni-Cu Platinums. It could be all within the same peridotite body that ends there (a lot of potentials of Ni-CU PGEs).