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)

Free
Message: Re: Underground scene...
17
Feb 14, 2009 09:50AM

I a very pleased to see you like it Notster.

I think Hoov might like it as well. :)

You come to the same conclusions as I do. I intentionally didn't make any statements, just wanted to see what others think of it first.

This shows us a lot of drilling has yet to been done. Millions of dollars need to be spent by the companies involved. Although PP's mean dillution, they are a must, whether we like it or not. This 3D picture shows it very clear to us. As you say, if you compare the vast drilling of Eagle 1 to Big Daddy or Black Thor, a lot more holes have to be drilled by Spider, Freewest and KWG. The drilling of Black Thor, although very promising, is just in its infancy (sorry for the terminology).

Some very knowledgeble posters said FWR & SPQ have enough money in the bank for the drilling. I respectfully dissagree. We will see more PP's, JV's and Buy ins in the near future and we should welcome them. I just want more drilling data to add !!

Enjoy, Helium

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