Exploration Update:from the Sept. 15th. release.

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At present, four drills are currently active, testing the dimensions of the Eagle's Nest lenses in all directions with the intent of increasing the nickel-copper and PGM resources. Three of the drills are testing the mineralized areas down to a vertical depth of 1,000 meters and a fourth drill recently added, is capable of reaching 1,500 meters vertically. Additional drills capable of testing in excess of 1,500 meters will be added during the winter drill program.

Directional drilling equipment is now onsite to ensure the drilling targets are encountered with minimal drill hole deviation and to permit wedging or fanning from "master holes" at depths where new holes from surface would be less efficient and more time consuming.

(so now we are making more holes and faster on a more cost effective basis.)

All drill holes are currently evaluated using Bore Hole geophysics (BHEM) to assist in the interpretation of the nickel-copper-PGE mineralization and to assist in targeting future drill holes. Since hole NOT-09-49, all drill holes targeting the Eagle's Nest have been angle holes planned to cross the vertically dipping mineralization along east-west cross sections parallel to east-west coordinate lines of the Universal Transverse Mercator (UTM) grid system. A surveyed (GPS Gradient) grid of east-west lines with UTM coordinates has been established on the surface to facilitate accurate orientation of the drill hole collars. Results from additional drilling will be released as complete results from new holes become available.

So then what'cha got? What'cha gotta do? Here's where it gets a bit tricky, the Eagles Nest glory hole...hole 49 which gave us lense B and C ended in mineralization around the 975m mark +or- , BHEM surveys aside, given the challenges of drilling of a depostit such as Eagles Nest, imo the next logical drill effort would be to set up and re-enter hole 49 with the much larger 1500m drill and extend to depth through the known to exist mineraliztion at the end of 49 and beyond. Would it not be unreasonable to think that this has most likely been done by now? This would have been done prior to any further bits hit the zone, no? Yet, no mention of the deep extension beyond till just recently and these latest intercepts were not via 49. That's damn good deep targeting via BHEM no? Good stuff indeed.

So that brings us to this update.

Exploration Update: October 20th. Release

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Currently five drills are active and all are testing the dimensions of the Eagle's Nest lenses. Three of the drills are testing the mineralized areas down to a vertical depth of 1,000 metres and the fourth and fifth drills are defining the lower extents of the mineralization to a depth of 1 ,500 metres.

(so now we have 2 1500m capacity drills on site going 24/7, and three 1000m units)

An extensive review of all historical geophysical work conducted on the McFaulds Lake property is currently underway with the intention of developing additional highly prospective targets for the upcoming winter exploration campaign. The winter campaign remains focused on defining the extents of the Eagle's Nest, but the Company will also continue to test strong regional targets.

Earlier this summer Noront drilled two holes at targets close to the UC/Spider/KWG property boundary, approximately 15 kilometres to the west of Eagle's Nest. Results revealed no significant mineralization in holes NOT- 09-1G123 and NOT-09-1G127 and there are currently no plans to conduct additional work in this area.

(I believe there's been 5 holes total drilled at AT11)

So then, what do we know?

We now know that one of the smaller capacity drill units been redirected to AT12 and has been there for some time drillin away 24/7, that leaves the 2 - 1500m vertically inclined drill unit and two 1000m vertically challenged drill units still working away at Eagles Nest.

Since before Sept 15th. a deep drills been drilllin the depths, 2 smaller drills been going steady there as well, as per the Oct release there's been 2 deep drills and two small drills going at it steady, making holes, making depths beyond what we think we are at imo. Ask yourself how many holes can 2 1500m directional drills make in a week, then how many holes can the small drills make in a week, remember there were 5 drills at one time making hole at the Eagles Nest, must be real crowded there, must be quite something to see.

My point to all this is that there has just got to be a whack, make that a big whack of core sittin and waitin assay from all the ongoing drilling that's been going on since August.

Eventually we will see the end results of the ongoing drill program, which by the way includes a much deeper drill for the winter drill season post freezeup. We will then have a much clearer pic of Eagles Nest when and if they deem it time to spill the beens on this one going into a revised 43-101 on the Eagles Nest.

Look to see another small drill leave the Nest to make room for the larger drill.

Any ideas as to which area's geophysics review will get the not for the placement of said drill???

It's all coming down the pipe eventually, just like these glorious Massive Sulfides and Pgms came down the pipe.

We've got mineralization "published" to extend to 1100m! You just have to figure there's much more to justify all that deep drilling going on....

Cheers to all

Notster.