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)

Free
Message: Re: Spoke to NN
41
May 20, 2008 12:21PM
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May 20, 2008 12:40PM
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May 20, 2008 12:42PM

I thought the ore was to be split evenly as per the previously released information below.

Under the terms of the agreement ("FWR-NOT JV"), Freewest will contribute 68 acres (27.5 hectares) comprising a small portion of their 100%-owned property. Noront in turn, will contribute 70 acres (28.3 hectares) of their adjoining land to collectively form the joint-venture property ("the Property"). Freewest and Noront shall share exploration costs on a 50%-50% basis and will share any mineralization found on the Property on a similar basis. Freewest will initially act as the operator of the initial exploration program which is to be agreed upon by both parties.

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May 20, 2008 12:56PM
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May 20, 2008 01:21PM
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May 20, 2008 01:22PM
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