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: I'll hazard a guess

I agree that this week is when we will see our next news release. When I talked to Mr. Novak, he said he was really hoping to put out a news release sometimes next week. He indicated though that he would not put out a news release without assay results. He probably realizes that a news release a this point without assays may be detrimental to our SP. I think that this will include much more info than just the assays. The 6 JV will be named and discussed for sure. There maybe an update from Windfall ramp. Discussions or Aerial studies identifying new anomalies would be good news as well. I do not think most guys out there realize that they have other targets out there with similar signatures.

Glorieux

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