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: Good stuff

This NR makes things a little clearer to me. We traded our JV in Black Creek for prospective Nickel PGE property because we had found a new deposit (Blackstone) to replace it. Which will add significant tonnage to our ENBB complex. Plus, now the chromite is nicely packaged for a potential sale to CLF.

I find it interesting a few weeks ago FNC rises 20%, then NOT also 20%, then PRB 20%...Quite a coincedence. Things are slowly falling into place and there is much, much more to come and you can quote me on that. It seems anywhere we place a drill we have a >50% chance of coming up with something interesting.

2 drills turning within 2000 metres of EN, maybe that big rumor by Dundee on a step out will come to fruition after all...;)

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Aug 12, 2010 10:40AM

Aug 12, 2010 10:49AM
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