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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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bernardho

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posted on Apr 14, 2009 12:23PM

Total holes drilled from Jan to now:

40+2+ 5+ 3= 50 holes....

40 holes drilled mainly for CR 43 101..

others holes encountered difficulties : overburden..water..no significant results

last year lab assays: out of 13 , 7 holes are mentioned about CR..

guesstimate coming monthly drillings average from 5 drills = > 20 holes

Since we are now drillings with 5 drills, we need some luck to hit NI /CU / AU..

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