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: What do you think this means

I haven't confirmed the details, but the way I heard things they were using a Herc to bring in the big drills. Using the same Herc/crew to land bulk fuel is a pretty straight forward business decision. There's lots of work for everyone, even if some of it can't literally be done by the smaller players. My feeling is that they'll work something out that satisfies everyone.

Lar

That is correct. Unless they can get a road in but thats pretty much a 0% chance. The winter roads haven't really gone in yet. First there was a complete lack of snow to grade the road and there are still a few spots where there is not enough ice.

Either way, we will have to wait for the blockade to finish before the deep drills arrive.

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