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: eagle 1

eagle 1

posted on Nov 10, 2008 04:39PM

So we are back at Eagle 1, after all this time. I have been trying to figure out where we are now that we are back at square 1. To do this I have to bring all the facts down to my level in order that I can try to understand each of them.

When Eagle 1 was first discovered it was described as a displaced chunk of rock that had moved from it's original position by some force. That is relatively easy to understand. I picture a great rift in the earth that carries molten (lava?), and as it rises (or moves laterally), it carries chunks of existing ground with it.

My concept of Eagle 1 has always been one chunk of rock amid a (conduit) of some other material (peridotite). If that is reasonable it follows that there exists a much larger chunk of rock from which Eagle 1 came from. To take this one step further it follows that the greatest gain could come from finding the source of Eagle1, as a chunk of 7% nickel probably came from a much bigger chunk of the same material. Could it be possible that we have been wasting a whole year and that the source of Eagle 1 is merely 70 m below it.

I realize that this is a over simplification of things, but wouldn't it be nice. Certainly we deserve it.

Regards

K

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