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: Deep drilling?
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What does this mean ?

Deep drilling at Eagle's Nest has encountered technical difficulties which have delayed results. We will report results from the deep drilling when they become available. Two holes are currently underway to test the promising structural convergence zone at depth at Eagle's Nest.

Have we done some deep drilling so far (I thought we had since mid April) ?

Or are these two holes currently underway the first two deep drill holes ?

Confused !

FANTOMAS

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