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: No need for rush asseys

Re: No need for rush asseys

posted on Sep 28, 2007 11:17AM

Miskealp1,

I agree...and for those that think only the issuance of the next assays will raise the SP, I think you're missing something.

NOT is still trying to determine the orientation of the deposit. It is obviously not simple.

Don't get me wrong, the peridotie with sulphides is great ( 2% NI and 1.5 Cu) but the cream is the massive sulphides. They are obviously trying to find the extension of hole #5's massive sulphide section. Looks like hole #7 overcut the massive zone (I still expect assays to return good values in the range of 1.5-2% Ni / Cu) but with hole #8 being drilled at -70 degrees towards # 5, I think it will hit sometime over the weekend and would not be surprised to wake up Monday to a halt.

Rockaur

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