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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You have to remember the Burn Rate will drop further below the 3 million level due to the AeroTEMs now being completed and more of the Camp Work costs being shouldered by the JV partners as Drilling on the JV properties speeds up in the next three to six months. By then the Bulk Tonnage Samples from Windfall will have long been completed and all the Gold recovered there will only further enrich the Coffers back at Noronts Office. Thus, there is much longer to go in the Burn than you may suspect. Much longer Burn! Old Joe
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