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: less than exciting news out - AT12 low grade tonnage

So we have nothing? In the past our BOD "informed" us that AT12 was a very high potential comparable to Eagle 1.

After today it's : Preliminary estimates suggest that AT-12 averages 0.30 to 0.35% nickel, comparable to many nickel projects currently being evaluated for economic exploitation.

So not even close to the numbers we have at Eagle 1 and not even econimical enough to go forward as it's "being evaluated at other projects".

I was hoping that AT12 would blow away Eagle 1 but for the moment I'm going into depression again.

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