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)

Free
Message: Market reaction to today's NR...
Reply New Message
Prev Message Back To Forum Threaded View Next Message

There is almost nothing new in this news release. It is a repeat of Nov. 19 news with the addition of the PM assays of hole 68 ( Yes mention of offer extension to Dec.11 ).

Those assays while good are not spectacular, 1 gram Pt and 3 Pd is equivalent to 2 grams of gold. Nice due to the 135 m. intercept range but you would want a resource of a million ounces before saying spectacular. So far it only opens up Nice possibilities.

I'm fairly sure that if FWR had these results you would not hear the end of those possibilities.

Cheers.

9 Recommendations
Reply New Message
Prev Message Back To Forum Threaded View Next Message
Share
Share
New Message
Please login to post a reply