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: For the Rumours to be Accurate and Specify....

but my recollection of the handheld gizmo was that it can scan the surface of the core sample and give a report, but it can't analyze the entire core and/or whats under the surface.

For instance, if I put the gizmo on my arm it would read 60% skin and 40% hair, but that of course doesn't mean that the rest of my arm past the surface is the same thing.

Therefore, if I am correct, the gizmo might read 5% nickel on the surface, but that doesn't mean the core averages 5% throughout, which of course would be the logical reason why this data would not be allowed to be used as assay results or news releases.

Like I started, this was just my impression from all the posts that flew around about these machines way back when, if I am wrong then I will happily delete my post, but if I am correct then it is perhaps a little bit irresponsible even on an internet board to advertise rumors of 5% nickel based on the handheld thing.

Best Regards,

Phil

P.S. I am hoping you are right, just guarded optimism over here.

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