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: Excerpt from SPQ NR June 06'

Excerpt from SPQ NR June 06'

posted on Apr 04, 2008 07:22AM

"The subject chrome-platinum group element nickel discovery is 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. Such a magnetic high has dimensions of 400 metres by 400 metres and is thus an attractive exploration target for additional work directed at chrome-platinum group element nickel mineralization. At this early stage, there appears to be some broad similarities in geological setting of the subject chromitites with those of the platinum group element bearing chromitites in the UG2 layer within the Bushveld Complex of South Africa and the Stillwater Complex in Montana USA"

 

The property noted is the FWR optioned claim approximately 4 km up the beaten path

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