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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This hole from FNC has not been release yet, and it was expect early june 2011.

Assay results for drillhole FN-10-26 are expected in early June, and further drilling is planned to recommence on June 2nd to confirm the true thickness and strike extent of the chromite horizon toward the surface and along strike to the east. The BlackHorse occurrence is marked by a moderately strong gravity anomaly cut off to the west by a northwest trending fault structure but extending easterly a distance of approximately 1 km. Downhole geophysical results from holes FN-10-25 and FN-10-26 are being analyzed in the search for conductive nickeliferous sulphides.

BigD

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