NORTHERN SUN MINING CORP LBEFF

RE: Maybe Redstone ain't so great

[drillbit2008]

I took a little stroll thru the Redstone pre-feasibility study. I was a little shocked to find the rather large numbers associated with Infered Mineral Resources. Recently the bashing crew were going on about about indicated values at ISM. What jumps out to me is there is 12,304 tonnes of Nickel in the Infered class. Imediately below that chart is the comment;

* Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability.

 

Furthermore the following definition of Infered;

An ‘Inferred Mineral Resource’ is that part of a Mineral Resource for which tonnage,

grade and mineral content can be estimated with a low level of confidence. It is inferred

from geological evidence, sampling and assumed but not verified geological and/or grade continuity. It is based on information gathered through appropriate techniques fromlocations such as outcrops, trenches, pits, workings and drill holes which is limited or ofuncertain quality and reliability.

An Inferred Mineral Resource has a lower level of confidence than that applying to an Indicated

Mineral Resource.

Maybe Redstone ain’t so great. After all 12,304 tonnes of Nickel is identified as having a low level of confidence.

Driller