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)
Message: Sudol insight...
All quiet on the Northern Front (Ring of Fire) except for Wyloo converting its US$15m convertible loan into Noront common shares and increasing it ownership from 24% to 37%. Uphill battle for BHP - the ball is in their court and their next move will indicate how serious they are.
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