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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It only makes sense to drill off the inferred to a higher category if the inferred resource is at the shallower depths. Otherwise it would be waay to costly (if I remember correctly up to $1,000,000 for the deeper holes), and most here recall the technical difficulties that were encountered hitting the ore body at those greater depths . Presumably they would likely only prove up the deeper resource via underground drilling once mining was well-established...non? Perhaps sending out a scout drill to some of the more prospective regional anomalies would be the better option....poke some holes down to 500m?...

Cheers, Luker

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