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: more about Z-TEM

Hi Hoov, Thanks for all your great technical insights to those of us who are much much less knowledgable of these things. A question that you will answer for me is this. If we are getting a fuzzier picture of what is at depth as to what may be below Eagle 1 due to the masking effect of the more surface sulphide deposits, why cannot deep hole Z-TEM be mapping be done at a point below what we know already exists. Why would they try to do the Z-TEM mapping from surface and have to figure on all the differences with frequencies and conductace variables. Seems to me at first thought that they should start at 500metres below surface??? What do you think? Thanks.

the deputy

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