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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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Message: Today's NR
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Today's NR

posted on Feb 02, 2010 09:34AM

The results announced today, likely add approximately 1.5 - 1.7 million tons of mineralized material to our growing deposit.

In the Dec. 10 NR, the addition of 100 metres of mineralization was stated to have added 1 - 1.5 million tons, so today's 131 metres should give us the above.

Also, I believe Genuity has stated in the past, that they would like to see sections of at least 5 metres of 5% plus nickel. Today's NR show 3 high grade sections exceeding this.

Substantial additional value has been confirmed by this NR. Now what will the market do with this information?

C.

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Re: Today's NR
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scarff
Feb 02, 2010 09:42AM
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