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: Eagle One Valuation = $4.38 per share
Milling and concentrating the ore from two percent to thirty percent means reducing the truckloads by fifteen times, not 28 percent.This is far more significant but still needs tonnage to justify the cost of the concentrator. The size of plant is obviously important and I think it is a bit early to commit to that given the exploration ongoing and the tremendous potential of the ROF.
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