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: Re: Jean-Francois Tardiff of Sprott Asset Management on BNN
The drilling going back into the previously drilled areas is likely to get the data needed to do a good IN 43 - 101 and to follow up on new Ground Geophysical work following the earlier drilling. The Deposit is not a regular 'factory made' shape and the lower grade mineralization on the East and likely above and below the Ore Grade may also affect the Down hole measurements and thus make defining a distinct Mineralization Zone difficult and less of a distinct contrast to surrounding rock with but trace showings or no showing of mineralization at all. The Mafic Dikes in the South and South West can also have some effect there as well. Thus, care and caution is warrented, especially after the misses on #'s 3,4 and 6 etc. This further suggests some difficulty reading off the available data. Hopefully these issues will be less troublesome in the future and on the new Anomaly Targets. Old Joe
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