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: Many Assays Pending?

assays result and drills info

Posted by: bernardho on July 17, 2008 07:56PM

I tried to follow with the assays result and hope the it is a small contribution I can make to this wonderful forum..

I focus on the AT2 : so far from today news we have done 32 holes+2 in progress...

in April news they mention only visual appearance and in May 27 they mentioned 8 assay results ,adding today 5 assays we have

total pending = 32+2 -8-5= 21 assays result ...

in May news we had drilled 23 holes and after almost 50days,we had only add 9+2 in progress as holes go down to 600meters.

Today I went to our contractor website :Orbit drillings companies and read their propestus dated 28 June 2008 ,since I did not know how to transfer the material, I tried to put the summary here:

...Orbit drillings mentioned that they have their own direct manufactures for drills and can made one in less than a month.Their surface drill can go down to 2500 meters. they own 110 drills ( many dfferent kinds of drills) and with workforce of 500 employee.

That means if Noront /JV if need to add more drills ,looks like they can handle it.

The assaysresult today are all from Actlabs...that means they took two months to complete only 5 of the assays..

Again, the bottleneck still in the laboratories even we had a investor's relationship with them....

BH

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