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: Just a note

Just a note

posted on May 08, 2008 10:15AM

From the number of comments on frustration due to the delays, we sound like junkies waiting for a fix.



Just to recap where we are, we know:

  • the lab finished the assays last Friday
  • after the lab, the results are reviewed for accuracy by another company
  • that quite a few samples were assayed, and this may impact the time to review and prepare a news release
  • that RN has the interests of the shareholders at heart and will release the results - given whatever constraints he is working with - in a timely fashion
  • the number of holes at Eagle Two is probably about 35 (from a conversation reported here last week)
  • the reported visuals from Eagle Two indicated very exciting potential
  • the drilling hit ratio is getting better (also from a conversation reported here)

Frankly, while I too am anxious to see the results, I haven't seen any indication yet that things are not rosy.

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