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: Hole #7 - further evidence of true width

Hole #7 - further evidence of true width

posted on Sep 27, 2007 06:58AM

Hole #7 is has added some support for the consistency of true width of the minerlization, as I had been hoping. This hole intercepted 51m of sulphides, which is being reported as true width, and is consistent with the true width reported with the combined results of holes#1 and #2. Granted this is over a very limited strike length, but its still good to see constant width.

Regards,

B.

Excerpt from todays' NR:

"Hole NOT-07-07 has recently been completed. This hole is positioned at the same collar location as holes NOT-07-01 and 02 (a few meters away to allow for drill setup), however the azimuth was set at due east, to undercut Hole NOT-07-05 from the west. The initial dip of this hole was set at -45 degrees. The hole entered the peridotite bearing sulphide unit at 73 meters core length and remained in sulphides until 124 meter core length for a drill intercept for 51 meters. Chalcopyrite, pentlandite and pyrrhotite enriched sections have been reported in this drill hole. The latter sulphide intersection is believed to approximate true width."
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