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: Dare to compare!

Dare to compare!

posted on Feb 08, 2010 09:41PM

http://www.fnxmining.com/InvestorCenter/NewsReleases/NewsReleaseDetails/2010/FNXDiscoversNewMineralSystematVictoria1121462/default.aspx

this is a link to FNX mining last drilling release.Below is a peice of it.Does this one discovery sound familiar? Alot of the same finds multi mineral,same minerals as ours.Lots of pods with millons of tons all within kilometers here in sudbury.People try to compare James bay to voisey bay, why not compare to Sudbury?Some might think this post irelevent, i am just seeing history being repeated.

The historic Victoria Mine's contact nickel deposits are located within the Company's Victoria property and produced approximately 1.5 million tons averaging 2.2% Cu, 1.5% Ni and 2.3 g/t of total precious metals. Vale Inco's Totten Mine, with a published reserve of 7.85 million tons grading 2.0% Cu, 1.5% Ni and 4.3 g/t total precious metals, is a typical Offset Dyke type deposit and is located about four kilometers to the south and is currently under renewed development and being brought into production by Vale Inco.

The mineralized zones do not appear to outcrop at surface, but occur between 2,500 and 5,500 vertical ft below surface. The limited amount of drilling completed to date is insufficient to determine the size and orientation of the mineralized zones, the true widths of the borehole intersections and if or how the multiple mineralized zones may be associated with each other. Extensive drilling will be required to fully understand the new mineralized zones.

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