This may have positive implications for NOt if BMK hits on this highly prospective target.

Geophysical Interpretation of Semple-Hulbert

• The geophysical data exhibits the characteristics of an intact intrusive body.
• Modeling of the magnetic data outlined a magnetic feature, which is dimensionally about >10km long by 3-4km wide and extending to at least 3km below surface.
• 8 electromagnetic targets (conductors) located within the interpreted intrusive are targeted for drilling
• Within this body the magnetic response varies spatially – suggesting multiple geologic events.
• This interpretation fits the analogy to the Voisey’s Bay deposit; that being multiple magma pulses over time.
• The modeling also exhibits features similar in nature to four of the Voisey’s Bay intrusive components; the Eastern Deeps, Discover Hill Zone, the Ovoid, and the Reid Brook Zone (feeder sheet).
• Each of these components has an associated group of strongly conductive responses which have been targeted in the upcoming drill program.

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