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: I'm a little shocked!

I'm a little shocked!

posted on Aug 05, 2009 07:43PM

That some people think this was just expected news. I think this is fantastic news. According to the Genuity report, they expected +5m of high grade massive sulphides for each pod. Well we got the +5m in Eagle 1B and we got almost 25m in Eagle 1C. The only thing that dissappointed me about this NR is I was told by JJ that it would include visuals on hole 50 and 51. I will email her tomorrow to see why they were not included but I don't expect the swift reply that she normally in known for. She will probably be flooded tomorrow morning. I would call in sick if I were her...LOL.

Short of that I believe this is fantastic. Also the fact that Hoov, Crazy, Canseco and Glorieux are super pumped is very reassuring. OK, not so much GLorieux. He's pumped about everything...LOL That's not a cheap shot Frank, just having some fun :)

Good job NOT management.

JGo

PS. NOT BOD, we would not be upset with a step out hole NR in the morning ;)

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