Hole #18

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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cappysmart

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Hole #18

posted on Jan 02, 2008 09:45AM

I'm sure that we are all anxiously awaiting the final numbers for the missing segment of cores from this hole and some here think that these remaining assays are already factored in to the sp.Personally I don't think so.I expect these assays to knock the mining world on it's ear and here's why.All an opinion of course.

1) Exceptional assays are almost always sent back for re-testing,thus the delay.

2) This core was taken from a portion of the flow at a depth that may be considered the base where the magma flow slowed and rose to surface.According to the model for this type of deposit it's a reasonable area to expect concentrations of the metals that we already know are present in the deposit.