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: The way i see the deep drilling results

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.

IMHO ,it is not mechanical difficulties encountered so the drills are fine and drilling. It may be as simple as not having the man power to log the cores as fast as they want or we want. But one thing is for sure they will report results from deep drilling when they become available. While we wait , the games with the sp continue.

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