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: Something to consider..../Seawind
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Mar 07, 2008 02:35AM
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Mar 07, 2008 06:04AM

I am having difficulty figuring out why this 43 101 is such an issue? It can't have anything to do with tonnage unless while completing the 43 101 they have encountered more mineral and are adding to it.

There most certainly isn't anything negative here. Nor is there anything disappointing.

We have more anomalies than we can count and we are still at surface!...we are moving on.

We don't hav a 43 101 for Windfall either. Doesn't mean we don't have the gold.

Now on a different note but similiar they do not have any rigs on any of the area plays yet but for only 1 reason. From what I was told they are still finishing up the ETEMs. As long as they are flying there can be no drills or machinery of any kind in the area because of mis readings. So the area remains sterile until the ETEMs are done. PROBE has their drill ready to go next week so I assume that they feel the ETEMs will be done by then.

Once the all clear for those areas is given there will be one heck of a load of drilling going on....

Don

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