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: getting back

getting back

posted on Sep 18, 2009 06:02PM

Getting back to talking about NOT and it's drill data( EagleOne_LongSection_PR_Sept14.pdf and EagleOne_PlanMap_PR_Sept14.pdf ): for me, hole 49 was more than just a shot in the dark. IMO, it missed >5% Ni by 20m in a downward 1/2 turn spiral from hole 56( in Eagle 1b ) to hole 53-W1( in Eagle 1c ). I think the great Ni values starting near surface of NOT-07-05 and NOT-07-27 run down and south/southeast close to the high grade intercept on NOT-09-56, and, IMO, the latest data suggests a possible path of the elusive conduit to Eagle c, and beyond: collar a hole at (5843590N,547390E), azimuth 270, dip -79...how would the market have reacted to 500m of >5% Ni? I have no worries being long NOT after doing this analysis.

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