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: Re: From a knowledgeable source.....Hoov
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Jan 14, 2009 05:39AM
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Jan 14, 2009 06:01AM
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Jan 14, 2009 06:15AM

Hoov, you are right on, but it does get the adrenalin going when someone has a "source" or a "quote from an insider". Page 56 of the "Technical Report and Resource Estimation" says: "The prospects for continued extension of the mineralized body to depth is excellent as long as it is not lost in a fault zone. Although the western margin has been extensively modified by faulting, it is fundamentally an intrusive contact that has been preserved insitu and there is no immediate indication of a structural termination of the mineralization." In simple terms, the ore body is open at depth and there is no evidence indicating it stops. Such conduits originate from great depths, so it really should not be a surprise that there is Ni/Cu below the E1 as it is currently defined. If there is now physical drillcore evidence of the magnitude and grade of this extension, than we will defy current markets and be on our way to waking up Crazy Dik.

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