REGIONAL EXPLORATION UPDATE

The Company has initiated a ground based geophysical survey over the
Eagle's Nest Complex (Eagle's Nest, Eagle Two and Blackbird).
Approximately 50% of the planned survey area has been completed.
Preliminary analysis suggests that the survey successfully maps the
contact between the barren granodiorites and the ultramafic rocks
hosting nickel sulphide mineralization. A number of targets have been
identified that may represent buried nickel sulphide mineralization.

The Company has initiated a limited drill program that will run from
October through December 2011. Costs are estimated to be $2.0 million.
The Company has sufficient cash on hand to complete the planned
drilling.

Is it possible that they have hit already and that this is the source of the leak?

Rich43