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: It sounds like a victory for Probe Mines,was a give away or an astute move ?
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It sounds like a victory for Probe Mines,was a give away or an astute move ?
4
oiramoric
Aug 09, 2010 07:24PM
Re: It sounds like a victory for Probe Mines,was a give away or an astute move ?
1
rwinger7717
Aug 09, 2010 07:28PM
Re: It sounds like a victory for Probe Mines,was a give away or an astute move ?
3
B-Jay
Aug 09, 2010 08:10PM
It sounds like a victory for Probe Mines *and* Noront; it was an astute move IMO
9
dvdgray
Aug 09, 2010 09:45PM
Re: It sounds like a victory for Probe Mines *and* Noront; it was an astute move IMO
3
stalkstupid
Aug 09, 2010 09:48PM
Re: It sounds like a victory for Probe Mines,was a give away or an astute move ?
10
TomyHH
Aug 10, 2010 06:25AM

Probe can sell the chromite to Cliff. I don't expect a large deposit as the land package is quite small. Interessting that they got some more chromite land from Noront.

I don't believe NOT gave up any 100% NOT chromite land. Prior to the JV Probe owned all of the 'involved' claims but had no $$$ to explore. NOT came to the table with $$$ and expertise and the JV lands were created out of 100% PRB lands.

At the end of the day, nickel targets that were 100% PRB are now 100% NOT and chromite targets that were once 100% PRB are back to being 100% PRB and they are now 'upgraded'.

Correct me if I'm wrong but NOT now has key nickel claims and NOT/PRB have proven up (with some NOT $$$) the chromite claims that PRB can now dangle to CLF.

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