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: News Release

News Release

posted on Nov 06, 2007 06:32AM

 

Good morning to all,

My oppinion on this morning's PP is as follows; 

The grades are good but without knowing the width you don't know how much

there is.

Imagine cutting a French stick in half, if all you saw was the cut surface you

would think the bread was round, but if you cut it at a steep diagonal direction

you would have a completely different picture.

Unless you know the angle of the body you are cutting through you really

don't know how wide it is. If the vein is only 6 inches wide but you cut it

at a steep angle you can have assays that cover 2 meters but the volume

of the deposit is low.  The news is not bad at all but without the "true width"

number you don't really have an idea of volume.

I am sure that in the next several months assay results shall prove the huge

volume size of this monster.

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