First Nickel Inc. FNKLF

Resource potential... JMHO

[marketminer]

The Lockeby has a lot going for it on the resource side... These holes were not part of the revised 43 101 They are between the 67 to 72 level.. Looks to me like very high success rate.. only 2 holes not reported 6375 and 6387 There are 45 holes reported here with an average intersect width of 19.42 M and average grade of 2.07% for Ni only The total of grade times width intersections for the 45 holes = 1662.41 This excludes the "incl" notations and is for overall intersection only. Thus the average grade Ni times width rating is 47.41 for the 45 holes reported. This is a very good indicator of the potential to significantly increase the resources in the 67 to 72 level of the mine..... Just FYI Derrived from this data: ----------------------------------------------------------- LOCKERBY DEPTH ZONE: SUMMARY OF ASSAY RESULTS Hole ID From To Core length Ni Cu Co (m) (m) (m) (%) (%) (%) FNI6358 139.65 141.30 1.65 3.03 0.75 0.11 FNI6359 149.75 151.55 1.80 1.57 0.79 0.06 FNI6360 164.00 167.83 2.88 2.89 2.55 0.11 FNI6361 182.00 183.40 1.40 1.09 2.33 0.05 FNI6362 192.58 205.64 13.06 2.49 1.71 0.09 Including 194.03 199.80 5.81 3.36 2.45 0.12 FNI6363 182.30 211.26 28.96 2.34 1.70 0.09 Including 198.00 211.26 13.26 3.95 1.81 0.15 FNI6364 130.65 136.10 5.45 3.56 1.30 0.13 FNI6365 160.83 208.45 47.62 1.51 0.90 0.06 Including 197.00 208.45 11.45 3.34 1.32 0.13 FNI6366 163.80 169.33 5.53 1.31 2.06 0.06 FNI6367 146.23 154.63 8.40 2.17 1.81 0.08 FNI6368 135.80 138.30 2.50 2.96 0.89 0.12 FNI6369 139.30 161.40 22.10 1.67 1.13 0.07 Including 152.80 159.65 6.85 2.83 0.92 0.11 FNI6370 201.70 220.50 18.80 2.46 1.59 0.10 Including 202.65 213.15 10.50 3.29 1.50 0.13 FNI6371 178.50 184.50 6.00 3.08 1.19 0.12 FNI6372 164.95 171.50 6.55 2.30 2.90 0.10 FNI6373 128.90 141.90 13.00 1.64 1.32 0.07 Including 139.15 141.90 2.75 3.29 0.58 0.13 FNI6374 150.10 154.00 3.10 2.24 0.94 0.09 FNI6401 52.50 63.03 10.53 3.34 1.60 0.11 Including 55.87 63.03 7.16 4.45 1.76 0.15 FNI6402 44.95 59.90 14.95 1.27 1.40 0.04 Including 52.50 57.15 4.65 1.99 1.28 0.06 FNI6403 35.90 53.00 17.10 1.89 1.93 0.06 Including 47.60 53.00 5.40 3.16 2.32 0.10 FNI6404 41.62 48.70 7.08 1.98 1.92 0.07 Including 44.52 47.66 3.14 3.60 1.22 0.12 FNI6405 72.66 80.85 8.19 2.51 2.38 0.09 FNI6406 106.96 114.58 7.62 3.95 2.24 0.13 FNI6407 132.29 140.08 7.79 2.85 1.22 0.09 Including 132.29 137.00 4.71 4.01 1.87 0.13 FNI6408 140.65 149.90 9.25 1.57 1.52 0.06 Including 146.85 149.90 3.05 3.84 1.68 0.13 LOCKERBY DEPTH ZONE: SUMMARY OF ASSAY RESULTS Core From To length Ni Cu Co Hole ID (m) (m) (m) (%) (%) (%) FNI6376 216.40 282.35 65.95 2.06 1.40 0.08 incl. 259.60 282.35 22.75 3.89 1.77 0.14 FNI6377 279.10 348.70 69.60 2.35 1.22 0.09 incl. 310.70 338.80 28.10 3.56 1.28 0.13 FNI6378 320.30 335.70 15.40 1.88 0.75 0.09 and 438.55 449.70 11.15 1.21 1.62 0.05 FNI6379 191.35 228.40 37.05 1.15 1.13 0.05 incl. 218.25 224.25 6.00 3.57 1.72 0.14 FNI6380 211.10 272.00 60.90 1.69 1.38 0.07 incl. 253.55 269.50 15.95 3.52 1.92 0.13 FNI6381 249.95 255.35 5.40 3.25 1.82 0.13 FNI6382 297.35 305.40 8.05 1.09 0.92 0.05 FNI6383 329.30 360.20 30.95 1.51 1.37 0.07 FNI6384 234.30 265.80 31.50 1.76 1.09 0.08 incl. 254.40 266.30 11.40 2.45 1.96 0.10 LOCKERBY DEPTH ZONE: SUMMARY OF ASSAY RESULTS Core From To length Ni Cu Co Hole ID (m) (m) (m) (%) (%) (%) FNI6385 191.90 245.20 53.30 1.82 1.39 0.07 Incl. 224.35 245.20 20.85 3.00 2.14 0.10 FNI6386 234.90 240.90 6.00 1.31 0.63 0.05 And 262.10 297.80 35.70 2.91 1.84 0.10 Incl. 262.10 289.45 27.35 3.56 1.71 0.12 FNI6388 264.00 275.40 11.40 1.08 0.82 0.03 FNI6389 156.10 178.60 22.50 2.13 1.18 0.08 Incl. 167.10 178.60 11.50 2.79 1.65 0.11 FNI6390 121.40 127.50 6.10 1.22 0.75 0.05 FNI6391 126.00 131.60 5.60 1.81 0.71 0.08 FNI6392 323.10 434.30 111.20 1.37 0.88 0.05 Incl. 341.70 352.30 10.60 2.34 0.45 0.09 Incl. 364.70 384.15 19.45 2.01 1.37 0.08 Incl. 414.35 434.30 19.95 2.61 0.97 0.10 FNI6393 127.80 132.90 5.10 1.93 1.16 0.08 FNI6394 118.95 126.00 7.05 1.02 0.57 0.04 FNI6395 125.30 131.40 6.10 1.17 0.47 0.04 FNI6396 129.70 137.70 8.00 1.00 0.43 0.04