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: Spoke to NN
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Spoke to NN

posted on May 20, 2008 12:21PM

The biggest piece of news I got is that 2 drills are working "in proximity" of E2. this is the best news for me as it tends to confirm that the second ore body is getting bigger/deeper. They could be tracing this back towards E1.

The other point of interest of the JV with FWR. This 50/50 JV is for exploration only!! Any ore deposit values will be divided as per the original borders of both companies. That anomaly who's signature was strickingly similar to E1 lies 3/4 on NOT land, so this is great news.

Keep the faith people, great things are coming, keep shaking those couches!!

Glorieux

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