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: Just spoke to Richard
When I brought up to topic of doing the 43-101,in terms of timing, Richard was a little evasive but reminded me very clearly that we have world class grades here and that you do not need a lot of tonnes at these grades to have a succcessful mine. I do not think the comment about not needing a lot of tonnage was meant as saying he believes it is a small deposit but rather that we are sitting on possibly already a minable size deposit and any addition is great but may not be necessary to get a mine.
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