Re: # of drill holes completed...

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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Francis Dube

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Re: # of drill holes completed...

in response to

# of drill holes completed...

rwinger7717

posted on Dec 03, 2007 05:29PM

Mr. Novak last week said they were drilling holes 25 and 26. IMO, they may be at 30 best case scenario. They did experience more break downs and such and this did delay things however I think your estimate of 1 hole per 2 days is on the very optomistic side. They have been moving fairly rapidly compared to other mines and this is great but I do not mind the slower pace. They are doing things right, in cold weather, following a good geophysical plan. They are also drilling deeper now which takes a little longer. All good things to those who wait ;-)