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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From Bloomberg quoting Xstrata...

“The majority of the projects are low cost, low risk, brownfield expansions,” Pearce said. Xstrata continues to look at “opportunistic acquisitions” as part of its strategy, he said.

I don't think Noront fits the bill here. But there could be more to this.

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