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: Some people just don't get it

voiseys bay was 32 million tones proven plus probable 2.75% Ni, 1.59 Cu, and 0.14 Co plus apart from this was 40 million tonnes indicated 1.9 Ni and 1.9 Cu and 6 million inferred 1.9 Ni 1.0 Cu at that time.

eagles nest is thus far 0 tonnes proven and probable we havent had a feasibility study and onyl 6.9 M tonnes indicated.

So the billion dollars values being thrown around dont really mean anything because you cannot compare the two even well not yet atleast. Also it is widely known that Voiseys bay was way over paid for and something like that will never happen again so for everyone waiting for the voiseys bay train i applaud your optimism its important to be positive but you will all be dissapointed.

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