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: Big Step Out

Re: Big Step Out

in response to by
posted on Jan 23, 2008 04:31PM

I wonder if actually you are thinking of hole 30 and not hole 29 as Dick Nemis told me today that they were drilling on an anomality located or further identified by means of down hole geophysics. I got the impression this was very close to DE 1 and might even be connected in some way. Certainly exciting.

This to my knowledge is the only hole they have drilled on what could be considered a 'step out' since they are very focused on doing enough drilling on DE 1 to prepare a statement of 'inferred resources' as soon as possible.

One new drill starts turning tomorrow, and the second shortly thereafter. One on DE 1 and one on anomalitys.

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