So where are we now?

Except for a chromium column in the grid below, that shows which drill holes hit chromium, I am discussing only nickel here.

Nickel is what people want. It may be that one day chromium is King. But for now, deep in our hearts, we all want more nickel!

Eagle Two (AT2) has proven promising... however, so far, not a blockbuster.

Drill holes G2, G3, G6, and G8 have from .69 to 2.24% nickel in mostly short intervals of 5 meters and less.

Two other drill holes - G17 and G22 - have short intervals of .35 to 1% nickel.

The good news? More nickel. But the bad news is, not enough - yet.

We had, as of the last release on May 27th, 22 holes completed at Eagle Two (as reported, but I only count 21 listed), eight of these we have the assays for.

As of May 27th, two additional holes were underway: 40 and 41.

As you can see under the column "Best Nickel" below, the remaining assays will probably not be impressive, that is until we get to hole 32 and higher, which are the most recent.

Where you see AT2 - this is Eagle Two. The other AT's are other anomalies drilled farther southwest of Eagle Two. Why all the anomalies are mixed up with the same identification scheme is confusing, it may be simply the order in which they were received.

I have placed ++ next to the probable nickel holes.

Hole Best Nickle in that hole Anomaly Chromium ?

1G2 - 1.44 AT2 ++
1G3 - 2.24 AT2 ++
1G6 - .69 AT2 ++
1G8 - 1.98 AT2 ++

1G10 - AP * AT3
1G12 - NSA* AT3
1G14 - AP AT3

1G15 - NSA AT2
1G16 - NSA AT2

1G17 - .59 AT2 ++ YY

1G18 - NSA AT3
1G19 - AP AT3

IG20 AT2 YY

1G22 - 1.00 AT2 ++

1G23 - AP AT3

1G24 - some AT2 YY
1G25 - minor AT2

1G26 - AP AT3
1G27 - AP AT3

1G28 - minor AT2 YY

1G29 - NSA AT8

1G30 - minor py AT4

1G31 - minor AT2 YY
1G32 - semi massive AT2 ++ YY

1G33 - abandoned AT4
1G34 - minor py AT4

1G35 - semi massive AT2 ++
1G36 - abandoned AT2
1G37 - abandoned AT2
1G38 - semi massive AT2 ++
1G39 - semi massive AT2 ++
1G40 - semi massive AT2 ++

Still underway as of May 27th
1G40 -
1G41 - AT2

* AP - Assays Pending
* NSA - No Significant Assays

The continuing and more recent drilling holes, noted above at Eagle Two (A2), are looking good. Here is a more exact description of what they've observed without having assays.

1G32 - 8 meters of semi massive
1G35 - 4 meters of semi massive
1G38 - 15 meters of semi massive
1G39 - 17 meters of semi massive
1G40 - 8 meters of semi massive

Two drills continue to work on Eagle Two.

Remember the announcement of visuals - Eagle 2 has landed?

"...Nickel-copper massive sulphides in a sheared deformation zone hosted by peridotite have been encountered in four holes, located 2 kilometers to the southwest of Eagle One "

These holes appear to have been G2, G3, G8 which had short intervals of 1.4 to 2.24 percent nickle.

It is unlikely they will announce visuals for Eagle Two again. More likely they will simply release new hole descriptions with the upcoming assay results.

Other hopeful Eagles, all 4 to 6 kilometers SW of Eagle one (farther away from Eagle 1 than Eagle 2), do not appear to have found any nickle:

AT3, AT4, AT8 [included above] though they have assays pending, saw no visible massive or semi massive sulphides.
AT3 - 6 holes, no visible, assays pending.
AT4 - 2 holes, no visible, assays pending.
AT8 - 1 hole, no visible, assays pending.

In summary. Eagle 2 shows we are on the right track. There is more nickle in the area. The 'Not so good' results at AT3, AT4, and AT8, farther to the South West are disappointing however.

This dispels the myth that whenever you find a target you will find nickel. We are reminded that there is nothing simple or certain about exploration.

In summary. The immediate upcoming assays will not be barn burners as far as nickel is concerned. Be prepared for this. There will be doubters and naysayers afoot.

However, we could wel get good results in follow up assays since they were just recently (may 27) beginning to hit the nickle again. There is also the new good news of Chromium and associated metals.

BK.

This is my interpretation. Please double check any details that are critical to you.