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: Re: A little confusion....NO confusion whatsoever IMCO...
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Mar 01, 2008 12:32PM
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Please correct me if I am wrong.

The "anomalies" on the left map on NOT's property are from an electromagnectic survey, hence, conductors. The "anomalies"  on the right map on FNC's property are from a magnetic survey and hence, should only be interpreted as areas of bedrock with a high magnetic signature (i.e. ultramafic rocks) which may or may not be mineralized. I would strongly suspect that DE1 and DE2 are both characterized by a signature of "coincident" EM and mag anomalies. The VMS mineralization found to date was probably characterized by EM anomalies alone.  My interpretation is based on the nature of the mineralization and host rocks found to date.

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