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: One of the world's oldest miners has eyes on Ring of Fire, and set up shop in Sudbury to get there

Great find Luker.

 

"There's a lot more action going on (at the Ring of Fire) than most people think,” said Tom Reid, who leads Thyssen's local office. “We have been having meetings — I can't get into details — but things are moving much better there than people think. I'm optimistic that a mine will go into construction there no later than 2020.

"In fact, Reid said a lot more progress is being made with the Ring of Fire than most people are aware of, and he expects some big announcements in 2018."

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