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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Surprised there is anyone estimating at this early stage. 5 million tons would make a nicely valued operation but it's far from a Voisey Bay.

Voisey Bay had known and indicated resources amounting to 136 million tons. Actually lower grade than Eagle 1 might come up with.

Still even 10 million tons at Eagle 1 doesn't make it anything like a Voisey Bay. NOW if Eagle 2, 3, 4 and 5 come in it could change things couldn't it.

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