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: Area plays- just some thoughts
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Mar 26, 2008 07:36AM
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Mar 26, 2008 07:39AM
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Mar 26, 2008 08:04AM
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Mar 26, 2008 08:21AM

Sure it's the NOT board but NOT is also relying on area plays to add more tonnage to the mining camp theory. Current drilling on th FNC calim border is of the utmost importance for NOT and FNC. What's the possibility that they don't find anything? The conduit doesn't go in a straight line from DE1 to DE2, looking at all the maps it's obvious that the NOT/FNC shared anomaly is a cracker! The drill is proving it and hopefully news will soon confirm it.

When I spoke to FNC yesterday the huge anomaly to the NE is going to have to wait for a PP to have the funds to drill and it is a lot deeper and the current VTEM being done in partnership with FWR and Co. is the right survey to give a good indication of how deep and how big this is. They only have X amount of money to drill a few holes and I wonder how much the VTEM will cost them for their portion.

NOT and FNC are tied to the hip like it or NOT. This adds a lot of value to FNC in my book.

Other area plays stand to benifit from finds on other properties, PRB the next most notable and the FWR clan next in line.

NOT leads the way of that there is no doubt, their geo's have are gethering more info everyday on what going on down below. Novak has a lot to gain from what is happening on NOT and FWR is obviously in the loop.

Fun days ahead for all is my guess.

Oz 

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