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: Re: Spoke to Mr Richard Nemis today. here are my notes

Re: Spoke to Mr Richard Nemis today. here are my notes

posted on Sep 18, 2008 12:11PM

dunflyer;

FWR will likely drill as many holes as is needed to demonstrate they have the makings of a very good mine. Then they will likely option out the Proving Up to some other Juniour while keeping a large chunk of the ownership, JUST as they are doing at on other projcts. However, seeing as their RoF prospects are showing excessive exceptionality they may just want to complete it all on their own this time.

Time will tell. And with respect to time, it wont be very long now before they could very well demonstrate they have a mine size Deposit of more than Chromite alone.

Old Joe

PS: How many likely mines are there already in just one small area of the Entire Ring of Fire?

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