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: Another hole 49+ = 81.

Since we're discussing the recent NR and comparing hole #49 and #81, I thought I would copy a post from another site to get people's thoughts. (I'm sure most of you have seen this.)

"No map of drill holes and the three good holes were down dip.

The two others were infill and virtually missed apart from a high Pt grade over a short distance.

We know that if you drill the dip you'll get good figures and these were good.

However, the market is focussing on the two holes that didn't really hit. Hence the selling.

No cigar. We need more. And most of all we need a hit to 2500m."

Thoughts...?

Cheers,

MGB

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