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: What do I think of the news?
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YES! That is the general impression we had though RN never quite stated that that was exactly what he hoped to uncover. The ETEM's seemed to suggest Zinc but he seemed to imply that he had his hopes up for more. Good grades of Zinc and maybe even better Grades of Copper +++. Given what was being turned up elsewhere and the nature of the ETEM's he may have hoped for plenty of tonnes if these metals were found. Instead they got what we are all so excited about. Moch more than could have been expected. Much much more!

Old Joe

PS: The above is my interpretation of what I took in back in August and learned the details of in late September as we all learned it then.

Old Joe

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