Re: Probe Noront JV....Don
in response to
by
posted on
May 20, 2009 08:14AM
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)
So they are the 2 blocks then Strato. I call that bottom one below but it is to the west but still has E1 surrounded!!
This is also a very good deal for Probe and I congratulate Palmer as well as the Co Ceos for the simple reason that Probe has the rest of its land and I can see that block directly above FNC being jv'd as well unless Palmer want to take that on hiself. There is a corner on that claim that Noront may be interested in down the road a bit as well. This leaves Probe with a lot of good land to explore. I believe Probe has some numbers from further north as well so this story is not over yet.
btw.. thanks Strato...:)
Don
I just went to the Probe board and read Lar's post. NOT did get the chromite trend as well so it seems that this is a better jv than I first thought.