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: Claims staked along route of proposed rail line
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It is my understanding that the total amount of assessment work performed must be about $700K (i.e. approx $6K/claim) by June/July 2011. With contiguous claims, that amount, $700K, can be spent on at least one or more claims. If less than that amount is spent, then forfeiture of some claims is a distinct possibility.

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geoprof

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