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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This very topic has been discussed extensively on this hub in the past, maybe 9 months ago. Consider it an item that could wind up in the "Newcomer's FAQ".

To wit, from my recollection: The geology of the deposit is such that it was laid down on a horizontal plane, but subsequent folding has flipped that plane on edge so that our "step-out" is actually a "step-down":- essentially what the Eagle 1b and 1c discoveries have found and what the ongoing resource delineation under 1b and 1c is doing.

HTH,

-dvdgray

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