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: Drill locations...

Drill locations...

posted on Sep 19, 2008 07:15AM

Looking back at the last release on the 15th the drill locations are mentioned. I can see the logic behind the use of 3 drills.

One at AT12 as they still believe they have something of significance.

Another one is at BB2 understandably trying to prove up the size and quality.

The third drill is still drilling on E1 to the south to look for 'pods' and feeder conduits.

However, unless there is a legal obligation for the fourth drill at Seafields (69kms away from the main camps). I am perplexed why this drill could not be utilized to assist one of the ongoing drill sites. I do see that this project sits directly on the 'red line' to the north. Could it be a strategic move to look for someting on the opposite side of the ring ie chromite or nickel? That would give credance to the whole ROF having potential mineralization. Any thoughts or ideas on this fourth drill?

Regards Jay

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