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: Different project but JV deals and takeover, takes time

Re: Different project but JV deals and takeover, takes time

posted on Sep 13, 2008 07:35AM

It is a different project indeed. Diamonds take a horrendous amount of time to develop into meaningful finds to say nothing of a fully fledged mine. Your point is true and well taken, though had road access been in place for NOT in the ROF, they could be extracting in very short order not withstanding the permitting aspect, which I believe NOT is already taking baby steps towards.

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