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: FWR-NOT JV

FWR-NOT JV

posted on Jan 11, 2009 07:56AM

I emailed FWR, with this question about the NOT-FWR JV, in the NW corner of FWR's 100% owned claims. FWR is the operator of this JV.

"A few months back, it was announced that FWR would commence drilling in January, on the JV’d property with Noront, in the NW corner of the 100% FWR claim block. Has this been put on hold for the time being, or has drilling started or will be scheduled to commence shortly."

And Mac Watson answered this himself......

Ken,

We are not ready to drill the JV claims .Needs more ground geophysics

Mac

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