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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At 200k per hole at depth under Eagle 1, this is a very expensive gamble. Previous geophysics near Eagle 1 were pretty much useless because of the huge signature Eagle 1 gives off. If they have found a way to do geophysics under Eagle 1 without interference and got a good to great response, this would be worthy of a NR. If they are putting our a NR on just this, then this could be subtantial news.

I was under the impression that they were drilling under Eagle recently. Am I wrong here? Does anyone know were those 5 drills are? Is it possible Joanne is mistaking here?

Glorieux

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