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: Re: Here's what I've been thinking about the ROF---

What will change the picture and place Noront right in front takes only one issue. That is IF the hit below the E1 anomaly turns out to be anomaly number 2 as per Mungal's diagram, Noront's sp will move up to 7 again. Mungal show 3 anomalies in his pictures. How far down we go? How many anomalies? Are they larger than E1?

IMHO this tidbit of a story will move the play up regardless of the economic conditions.

I have very little doubt that the major portion of Chrome really widens on the FWR property so I think they have the chrome. As I have mentioned on the FWR forum, I was in touch with the FWR office. Rick Cruise, Don Hoy and several more Geos are headed up to the site on Monday to set up 2 drill rigs for the start of the drill program. They will return by mid week.

Don

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