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: 13 days is all you should get

I think then point that is largely being missed here (at least only Glorieux mentions it), is that we are drilling down the throat of the conduit, but just on the edge of it. The only thing we have to get from this first set of assays is confirmation that the ore grades compare favorably with Eagle1. If we merely have a comparable ratio of minerals, but limited %ages, we are on track. If we do come up with some good hits as well then that is even better (and they do indicate there are signs of massive sulphides there). Then if the BHEM's confirm a width, that is even better, Then a couple of holes to give a cross section from the sweet spots, and it is even better.

The above is all pie in the sky, so far. But it is all possible and a lot of it very probable, and it is why we are all here. 115m of 1.1% nickel is also possible, and maybe why some have left. In every play such as this, there are winners and losers.

Regardfs

K

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