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: PDAC report

Re: PDAC report -Hoov

in response to by
posted on Mar 12, 2010 02:49PM

Lar as you are well aware there has been a lot of talk about which direction the Eagles nest, flows at depth too, so to speak(I know more like the source). Many have touted this as going or coming from under the FNC property south-east or east.

You wrote the following,

"The existing collar positions for the drills doing the deeper holes just don't lend themselves to defining the boundaries of the deposit, especially to the NW, where the best grades have tended to occur"

Some of this is JV property with Probe. We have heard and you I believe that Dave PALMER is considering a deeper drill program here or at least a relocated drill program. Am I reading to much into your comment or do you subscribe to the theory that the source could go, at least a little, under probes JV with NOT?

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