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: Why the bashing of FWRs platinum and palladium?

With all due respect, minerals are, for the most part, "extractable", but to varying degrees from their hosts. Whether they can be extracted profitably, remains to be demonstrated. A feasibility study is required. A 43-101 compliant report, per se, may not provide the information/documentation to make an informed judgement.

Respectfully submitted

geoprof

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