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: who did the report and drilling for the jv
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Hi Babjak,

I think they both picked the spot, not that it matters, but in this latest release southampton does sound like they are distancing themselves from the results.

In their original release don't they make it sound like they are calling the shots?

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In preparation for the drill program and the targets chosen, ground geophysics and an airborne survey were conducted and reviewed by both management teams.
"We are extremely encouraged by our geophysical data and we look forward to launching this drill program on the high priority targets, located on the south-east part of the property" siad Paul Gorman, President and CEO.

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Not sure why anyone would be upset however.

Best

BK

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