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: Dear Mr. Nemis

Thanks Franz,

everything about Mr. Nemis says quality. So many great posters on this stock. Great to be with such a board. I think we all took turns encouraging each other during some of those dark , cold and lonely canadian nights over this last year.

Darkest before the dawn turned out to be once again true!

BK

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