First Nickel Inc. FNKLF

RE: Resource potential... Additional info

[marketminer]

"There are 45 holes reported here with an average intersect width of 19.42 M and average grade of 2.07% for Ni " This is a numerical average of all the intersections /45 and all the grades/ 45 Thus 19.42 x 2.07= 40.199 -------------------------------------------------------- Weighted average is grade X width for each intersection, totalled then divided by 45 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 weighted average "grade Ni times width rating" is 47.41 for the 45 holes reported -------------------------------------------------------------- What is interesting is when you compare these results to other exploratin companies for relative resource potential or minability of the resource. FNI has very nice grades over very respectable widths... This is why I like the FNI story.