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: just calculating....

You started with $ statements but you did not finish.

The bottom line is that if, and it most probably does, continue to 2500 m depth then the known value of Eagle's Nest doubles from present 7.5 billion $ to about 15 billion.

That does not include benefits of in-fill drilling or resource gain from possible extensions of lateral borders, but just from depth alone.

Cause enough to be buying more?

Cheers.

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