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Message: Re: NOT JV
5
May 20, 2009 05:24AM
4
May 20, 2009 06:15AM

Re: NOT JV

posted on May 20, 2009 07:27AM

This was the best NR that I could hear from Probe. Only four individual blocks are subject to the joint venture with Noront. Noront will fund half of costs to explore this area. Noront have data, skilled geologists to locate rights spots to drill.

Without this jv, drilling in the McFauld's Lake area will be stalled again over the Winter again.

Excellent job done by David Palmer. As you could read in NR, the drill is already there and Probe will go ahead with drilling in June. Much better chance to find the Chromite and Ni-Cu in this area.

"Probe has completed helicopter-borne geophysical surveys on all of its properties in the area and has a drill available to begin operations following spring break-up."

Cheers!!







3
May 20, 2009 09:38AM
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