Ni, Co, Cu, PGM, Au Properties in Ontario Canada

Producing Mines and "state-of-the-art" Mill

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Message: What a Week

What a Week

posted on Apr 25, 2008 03:52PM

I for one found this week brutal. I am afraid I played the coward and did my own thing. Next week I think will be much better.

My heart will feel much better when the financing closes. Then we will watch while our ramp continues to progress. Chris today was doing the last proof on our year end financial statements and working on sending them off to the printers.

We have had drilling on going at Hart so we will find out more about it. When I do not know. It is interesting, Gary has always believed that if a drill hole is not considered economic - he has not given out the result. It does not mean there is no Nickel - it just means the result is not economic. Hart has certainly started to show us some very nice results.

I reread the MD&A (pp1&2) from last quarter about Redstone Mine and it does sound quite interesting. Deep drilling at the mine, since of issuance of the Ni43-101 report, has confirmed a large section of the "Inco Anomaly" as a nickel bearing ore body. ...Considering the fact that all 8 boreholes drilled within the projected channel contained Ni mineralization, the deep drilling at the mine was very successful in providing data that suggests a significant resource exists to at least the 1150 m level. When the SRK report is updated mid 2008 management believes it will define a mine life of 10 years from a reserve that may be increased with continued exploration. Mine headframe are done now and the current shaft will be good for the next 2+ years. New shaft must be complete in 3 years.

Chris asked me if there was anything I would like to see changed on the web site and I suggested (for us slow speed computers) that some of the photos be moved off the front page and have them moved to a separate section. Maybe show the slides with dates so we can see the progress of the changes on the sites. Does anyone have some other ideas of what they would like to see updated on the site. We all visit many company sites so I bet we could come up with some terrific ideas. Many minds are better then one and we all have a vested interest in promoting our company. It does not mean that all ideas are practical but it never hurts to brainstorm.

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