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Why are these drill results so remarkable?

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Breakdown

0:00lesson

Sudbury mining history — controlled by two big companies

  • Sudbury controlled by Inkco and Falcon Bridge for 100 years
  • High grades mined without market exposure
  • FNX first junior company in Sudbury basin
  • Exploration led by former Inko VP
  • Market awakened to high grades in early 2000s
1:44FNX· ticker

FNX — 25g precious metals discovery in Sudbury

  • Geologist cites 25g platin plating/gold in stoope
  • Red Lake benchmark at 15g gold deemed 'high'
  • Market re-education ongoing post-FNX acquisition
  • Recent R2 zone discovery with 14 high-grade holes
  • 3.4m at 29% copper equivalent released

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