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: I think Long 34 has it correct..

Looks to me   this  confirms  a N -NE trending  structure at  least .

The  500 meter   structure   shown  on the  mag  has  been  confirmed  via drilling  therefore for   a portion  of this  ... drilling  confirming  50  x 150 meters..... so far....

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Hole NOT-04-05, observed to be the most significant hole to date, was positioned 50 metres to the northeast of holes NOT-07-01 and 02 (assays previously reported, see news in Stockwatch Sept. 25, 2007), and was drilled vertically at the peak of a magnetic anomaly to ascertain the magnetic body's more precise location

 

Hole NOT-07-07 has recently been completed. This hole is positioned at the same collar location as holes NOT-07-01 and 02 (a few metres away to allow for drill set-up), however the azimuth was set at due east, to undercut hole NOT-07-05 from the west. The initial dip of this hole was set at minus 45 degrees. The hole entered the peridotite-bearing sulphide unit at 73 metres core length and remained in sulphides until 124 metres core length for a drill intercept for 51 metres. Chalcopyrite-, pentlandite- and pyrrhotite-enriched sections have been reported in this drill hole. The latter sulphide intersection is believed to approximate true width.

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