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: Saving the best 'til last ?

Saving the best 'til last ?

posted on Jan 24, 2009 04:09PM

First of all, thank to Gramps for putting all those maps in one post. Very useful and much appreciated. Yes, I know I could get them myself, but I'm feeling pretty lazy today.... Thanks Gramps !

The NOT-FWR JV, looks like the most promising anomaly (in the Eagles/FWR area), not yet drilled. Freewest still has some ground-magnetics work to do on this, but I suspect that it has been put on hold for the time being.

And that's because I think that this could very well be the next Eagle-Thor. Maybe the biggest too, as this anomaly has the same features as Eagle One (with it's cone shape), but 3 times the size of Eagle One.

They will drill this anomaly for sure AND they will drill it before any buy out happens. In fact, the results from this could very well be the tip of the proverbial iceberg. Just my speculation and nothing more at this point, as no drill has turned yet. But when it does.....

IMO, the heart of the ROF is right where we are and Freewest/Spider/KWG too. Probe as well. I still think that FNC is slightly off the goodies, but they undoubtedly have something too (if they drill again to find out).

There is still lots of drilling to do before we see it in the SP. I doubt that there will be any major buyout for a while yet. The new BoD knows way too much, to let that happen.

strato-cone

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Jan 25, 2009 02:41AM
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