Very simply stated, the Ring of Fire consists of conduits of magma rising up and emptying into what the technical report calls thr RF intrusion where the magma flows in layers over wide areas instead of a "pipe". Noront was fortunate indeed to have hit Eagle One which the report interprets as occurring "well within the conduit feeder some distance from the RFI". Two km southwest, E2 was discovered and the report interpretted it as "occurring within the throat or mouth portion of the conduit where it empties into the main RFI". I believe that E1 is still open at depth and if they are the same conduit, than there is quite a bit of ni-cu mineralizatin yet to be discovered.

The report does say the theory is the RFI continues across the entire Double Eagle property. It also says that it appears that a series of conduits cutting across the granodiorite have acted as feeders to the main RFI. So far, they have drilled only one of them that I can detirmine. This is beyond huge in terms of potential.

AT 7,8,9 and 11 appear to be "some distance from the RFI". Are they indications of the other conduits? Time will tell, but if one or more of them are, there is likely elevated grades of ni-cu within them and many square kilometers of VMS deposites of chromite and ni-cu.

This technical report is an outline of the opportunity and a plan to define it. They will need a dozen more drills to get it all done.

Mike