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: One final thought that's been running around in my head...

There have been some heavy discussions here comparing the two.

There are actually very few similarities between them, other than that the first hit here was nickel. Voisey's was a pure nickel play with only one real stakeholder, while this area has many minerals and also a lot more explorers holding ground.

The main similarities are found on the path from discovery through to production. To date, the two cross the same path in many instances and the future suggests that there will be more of the same to come. The big hope for most here is that the end game will be similar, with a corresponding likeness in the final SP.

To do a comparison for yourself, I would recommend "The Big Score" by Jacquie Mcnish.

Regards

K

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