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: McFaulds Lake area interest

What you state here is hopefully understood by most if not all.

What is still important to remember, is that the volume of sulphides to peridotite, as Prof Mungall has stated, implies that the original volume of magma that produced the mineralization, should be orders of magnitude greater than what has been identified to date."

In addition, if it is not clear enough to some, it should be emphasized that the 'Originating Magma' would have a much lower concentration of the sought after minerals. The most prised of these minerals would be the PGM's followed by Ni and Au. However there are other minerals to be thought of as well such as the Cr, Cu, and Zn and Ag, etc.

Also based on Dr. Mungall's initial comments the Eagle 1 and consequently the full Eagle Anomaly system "Does not account for the level of Sulfur content or explain its origin" and the source "must have been at distance or over time" to accomodate the high sulfur count. Please do not nit pick this paraphrasing of Dr. Mungall's comments, as my point is that what we have is likely the rich proximal or distal portion of a considerablly large mineralizing event(s).

Also, it is a good thing to keep in mind that there appears to be a zone of Magmatic Rock implaced between or on top of two or more surrounding Volcanic Rock types and all contained in a pre-existing Host Rock or Country rock.

Hope this makes sense for a quick off the top addition to your post.

Old Joe 

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