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: FNC next?

Poly

You are right that there was a pow wow last week in thunder bay where the team of geophysists are working to compile the latest Vtem and ground EM surveys done for NOT FWR and FNC... would luv to know who was at the meeting beside Peter and Mac W of Freewest which has an office in Thunder Bay.. the news today was not surprising to some.

Someone should call NOT and ask about prelim Vtem results which have found targets up to 400m deep... I believe that there is a showing beside eagle one at depth which wasn't shown on Aerotem... More importantly the geo's are seeing a larger picture that runs across boundaries and need the joint efforts

I sense there is a lot going on behind the scene.. definetly collaboration between - NOT - Fwr - FNC that use same geophysists -airbornes and ground work personnel... concerted effort to delineate structures.

NOT has stated that down-hole geo work will be done - for good reason based on Vtem work. AT1- AT4 will be revisted as a prime target...

As for a JV between NOT and FNC - eventually that may happen however -l FNC targets will drill it's targets in June to prove up that eagle 1 structure dips and runs into FNC property... - if there was unreasonable risk of success then yes a JV would come before drilling after all management owns a few shares!!! and wouldn't want to gamble... however if based on experience and geophysists report that risk is low... JV only after the results are shown... hmmm

Let's see if we can press the issue on Vtem and ground pulse EM - especially those down over Eagle 1 and south to FNC!





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