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: Probe NOT JV News out
To me this discovery pretty much confirms that a mining camp is on the horizon. Sure some fancy footwork to tie together Noront/Probe/FWR/KWG/SPQ and probably FNC for their chromite but worth it for a 'major'. There doesn't seem to be any question that sufficient chromite is in this relatively small area to support chromite mining for 30 plus years. Pays for rail (for bulk) infrastructure AND means E1 gets mined for gravy on top of the meat loaf.

How long before analysts start crunching numbers, Cliffs certainly has numbers they might be willing to put 'out there'. Federal and Provincial Governments should now pay a bit more attention.

*FWR probably close to tossing more chromite 'infill' drill results on the table too.
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