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: Cutsheal didn't read Genuity I guess...here's some facts
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Cutsheal didn't read Genuity I guess...here's some facts

posted on Feb 26, 2008 01:08PM

Will Eagle Two report similar grades for massive sulphides as Eagle One? – We have length-weighted average grades for massive sulphide mineralization at Eagle One of ~5.7% Ni, 2.7% Cu, 1.9 g/t Pt, and 10.9 g/t Genuity Capital Markets www.genuitycm.com 416.603.6000 5

Pd. We would suggest that Eagle Two has a strong chance of returning similar grades. However, only hole 8 specifically mentioned pentlandite in the news release, and there were a number of references to massive magnetite, so there could be grade differences. For the Pt and Pd contents, the news release description of structural “deformation zones” and potential hydrothermally “highly altered peridotites” are encouraging for the PGE potential for Eagle Two, in our view.

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