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: news out on SPQ FWR KWG

Thanks for keeping the board up to speed on the latest area play news release. The news release states:

This chrome-PGE-nickel discovery was the first of its kind in the McFauld's Lake area of the Sachigo Greenstone Belt. The host peridotite contains variable amounts of magnetite as disseminations and seams and elicits a strong magnetic signature. The magnetic high has dimensions of 400 metres by 400 metres and due to both the dimensions, and the peridoitite setting similarity to Eagle One; this occurrence has become a very attractive exploration target for additional work directed at chrome-PGE-nickel mineralization. The initial focus of the drilling program will be to further investigate this Cr-PGE-Ni occurrence. 

A 400x400m area with a magnetic high is quite a target.  

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