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: Back to basics
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Jul 09, 2008 09:42AM

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We know that the nickel is at depth on Eagle 2. The current assays from E2 have been delayed since the nickle grades came back over 1% and had to be re-assayed. The previous press release stated that the grades were continuing to get higher at depth and this is the reason why we still have two drills on this target. They are trying to find the large pool of nickle/copper/pge like they did at E1 but it will take some time before the drills find it and we can actually get the results back from the lab.

RN wouldn't keep two drills turning at E2 if they weren't getting favorable results and due to the length of time to get results back from the lab, I would suspect that they are getting some very nice visuals from these cores or we would have been long gone by this point. He knows we can't afford to waste cash so you only drill those which are providing solid returns.

Due your own DD but what has changed over the past few months besides the stock price? I haven't seen any bad news, have you?



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