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The company is exploring for nickel deposits on its Langmuir property near Timmins, Ontario; for nickel-gold-copper on its Cleaver and Douglas properties; and for molybdenum and rare earth elements at recently acquired Desrosiers property.

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Message: Have I missed a NR?

Have I missed a NR?

posted on Aug 30, 2008 01:54AM


ISM's May 16, 2008 NR stated:

"Micon International Commissioned for NI 43-101 Report"

As this NR came out 105 days ago has there been an update/nr that I have missed?

According to:

http://www.osc.gov.on.ca/Regulation/...

The Ontario Securities Commission:

NATIONAL INSTRUMENT 43-101 - STANDARDS OF DISCLOSURE FOR MINERAL PROJECTS

Under section:

"4.2 Obligation to File a Technical Report in Connection with Certain Written Disclosure About Mineral Projects on Material Properties

....

(5) Despite subsection (4), a technical report about mineral resources or mineral reserves that supports a news release must

(a) be filed not later than 45 days after the news release; and

(b) if there are any material differences in the mineral resources or mineral reserves between the technical report filed and the news release, be accompanied by a news release that reconciles those differences.

..."

-B1-



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