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: Re: question
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Dec 24, 2007 11:10PM
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Dec 25, 2007 04:21AM

Re: question

posted on Dec 25, 2007 05:58AM

That makes sense to me. Anyone, have info of distribution of mines in the Sudbury area? Apparently the diameters of the rings are very similar. I am just not sure if they found anything in the middle of that ring. My guess is probably not. If something significant was found, we would have some staking action in our center. The comparison by JohnDefur is a great post concerning this. If any of you have not read it, you should go back and read it. The most striking thing for me in that posting is the fact that Sudbury has processed over 1500 Million tonnes of ore. We are currently sitting on 7 million tonnes of ore. We own the most land in the area. We continue to stake aggresively. What are the odds that we will build on this 7Mt of ore? Can we see 100Mt of ore, Can we see 1000? It is possible and that is why this play is so exciting to me and why I think 2008 will be great. The number of truth machines will increase dramatically in the area so the flow of info will increase rapidly and give us a good idea where this thing go!

Glorieux

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