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: Perhaps
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Jun 16, 2010 12:11PM
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Jun 16, 2010 12:57PM

Well in defense of no new news they are drilling very deep holes in very old and tough rock . The 1st. 200 M. is fairly easy ,but as you add more casing and taking out core from further down it takes longer and longer ;ie: you might get 65 M. per 24 Hrs. for the 1st 200 M. then it's 60 ; then 55 and so on till at a 1000 M. your doing 10 to 20 per 24 Hrs. and of course all assays above that are only verifying what work has been done .They are going down 2 Km. and that will take some time ;just look to Red Lake when the Gold Eagle -now Goldcorp - took 6 months to get results out . You are not looking at an assembly line where you know you get 200 widgets an hour 24/7 .

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