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: Re: Are we in for disapointment?
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Sep 27, 2010 12:43PM
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Sep 27, 2010 12:56PM

Here is what I think. FWIW. It takes twice the time we would normaly expect to get results, First it is slow drilling, second there is logging and cutting and bagging then add in that they are not flying out cores daily but in groups, some could take a month or more, depending on if the geologists need, from when the core comes from the ground to it arives at the assey office and then it joins the line. We had a winter program that was missing and other things were happening. The project in my mind has been proved and the exploration continues but was not priority for six months or more. Now, as the other stuff gets completed they have gone back to more exploration to increase the length of mine life. Soon we will start hearing about winter roads I hope and the official runway, then costs will be lower and gung-ho exploration and infrastructure can be done. Meanwhile its turtle against the hare. The hare being Cliffs.

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Sep 27, 2010 01:23PM
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Sep 27, 2010 03:34PM
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Sep 27, 2010 04:53PM
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Sep 28, 2010 07:39AM
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