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)

Free
Message: Re: A good post from SH
6
Sep 08, 2007 10:15AM
I was just rereading Misfits post. I guess the grizz reposted. I was reading over the following pargraph:

What is interesting is that the James Bay property news was totally unexpected by everyone, including I'm sure the NOT people. The property was optioned in the Spring. They announced a drill program and that started near the end of August. A HALT was issued just three days after drilling had begun. We were given enough information that those who know about NOT could accumulate more until the true assays results were known. At this point we know that they have visible copper up to widths of 50M.

As I recall this is the property that was optioned to another play that didn't have much going for it. I don't recall the name right now. The companies wanted it back because they had done  or had access to flyovers and found these anomolies adjacent. The other company backed out so NOT took over. They were  all  extremely anxious to get this back from what I understand. The fly over told them they had something in the area. So they get the claims along side , drill a hole and bingo. They were bang on. So I don't think it was entirely unexpected. 
I recall going into the Freeewest office here in town and  they were all huddled over the maps. I posted this before. I thought they were line cutters getting instruction but as it turns out there were a few geos from NOT preping this play..don


Sep 09, 2007 07:39AM
1
Sep 09, 2007 07:55AM

Sep 09, 2007 08:11AM
2
Sep 09, 2007 10:48AM
3
Sep 09, 2007 11:17AM
1
Sep 09, 2007 12:23PM
1
Sep 09, 2007 03:53PM
1
Sep 09, 2007 10:45PM
2
Sep 10, 2007 12:06AM
2
Sep 14, 2007 05:00PM
Share
New Message
Please login to post a reply