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: To my thinking the BHEM has done it's thing---

Or alternatively; The ideal place to locate a hole for BHEM is outside the orebody. It will give a better picture than from within. I believe that was the intention with hole 49. However they hit sulphides. I would anticipate that they would drill the second hole maybe on the opposite side trying to be just outside again. As a suggestion, if they drilled this second hole 100m to the southeast of hole 49, but parallel to it, one of two things will occurr;

They will have a second look at anything they can see from hole 49.

They will hit more sulphides.

Either one will result in positive information, but guess which one I would prefer?

Regards

K

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