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: F-17 Zone

F-17 Zone

posted on Mar 19, 2008 05:05AM

Today's News Release ......NOT-07-175 (9+62 mW, 9+95 mN, azimuth 0 degrees, dip -90 degrees

The intersection confirms the extension of Murgor's F-17 zone towards surface. An exploration drift will enter this zone at about 60 m below surface during 2008.

Two types of mineralization are present at the Windfall Property:

  • At the F-11 Zone, mineralization consists of strongly deformed and altered rhyolite and rhyolitic fragmental rocks with up to 25% disseminated, banded and stringer pyrite, associated locally with magnetite and visible gold. Grades of up to 85.80 g/t Au over 4.00 metres and 40.62 g/t Au over 5.9 meters have been encountered in channel samples whereas drilling has intersected up to 11.91 g/t Au over 17.0 meters.
  • At Zone F-17 and F-51, mineralization consists of large quartz-tourmaline-pyrite veins, locally with visible gold, hosted in a NE trending steeply north dipping brittle-ductile shear zones. Ore shoots at the F-17 Zone are plunging at approximately 10 degrees to the NE whereas ore shoots at the F-51 Zone appear to plunge at 45 degrees to the NE. The F-17 and F-51 Zones are only known from drilling with intersections such as 9.99 g/t Au over 4.00 meters, 8.89 g/t Au over 11.0 meters, 15.97 g/t Au over 7.6 meters and 44.47 g/t Au over 2.0 meters. A full list of results is provided in this pamphlet.

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