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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: I spoke to Richard

I spoke to Richard

posted on Oct 16, 2007 12:29PM

He was very busy but at the same time sounded excited.  We joked about him being King Richard on Agoracom.  Anyway,

on the Double Eagle I asked about when we will get more news on Hole#7 and #12 and he said he did not know as the lab is supper busy.

On Windfall they are still drilling but thinks they will stop shortly.  He said they have a camp of 60 people up there and they are doing the surface work right now. For example building the roads they need, preparing an area for the ore to be deposited etc.  They will spend about $2million for this.

Burnt Hill he said he believes Cadillac is drilling right now and he should get a report from them soon

On China he said he could not talk about it as he is not ready.  He said the people are coming back in to talk and that they were "very excited".   I suppose we'll hear more once he is ready with the deal.

Overall he sounded very upbeat.  In my opinion I think all the NOT holders will do very well.  We just need to remember that we have all these great projects coming up ....slowly but surely. 

GLTA, tcp

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