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: Re: Hey Herb.... Hate to tell ya .....

I think the first deep drill was set up and ready to drill before Easter weekend. It should already be drilling. The second drill should be on site and if not assembled already, should be by end of this week.
I expect the first deep core to be ready for assaying well before the end of this month and the results for it by end of May.
I do not expect the news from this core to be released on it's own unless the news is spectacular.
Contrary to some wishing, I do not expect the 'Elephant body' to be at 2000 m but a bit deeper. Too much wishful thinking and the world would be too rosy should that happen. Generally luck is not that generous.
What I do expect is for the drill to follow the tubal extension of the leg and verify that the resource not only continues but that it is richer with depth.
If it shows results that I expect we will have good proof of a 15+ million ton resource.

p.s. There were also some cores that were supposed to be reassayed for other precious metals because they were not suspected then but have evidence now that they exist, Rhodium to name one. Results were to take months?

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