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: Very Nice Conversation with Richard Nemis

Seawind,

The 8 priority targets in Grid 1 and the 10 priority targets in grid 2 are all extra holes targeted to add to the ongoing 43-101; the key word here is on-going as adding drilling will add to the resource. Remember they are still waiting for the assay results for the last 9 holes which will also add to the 43-101. So, the 8 targets will add to the on-going and growing resource which will be defined in the coming 43-101. Once we have this instrument we will have a report that tells us lots about this project.

Let me say I am not an expert in geology or miningĀ and all I am doing here is passing on information that was delivered to me. For example the term, on-going was communicated by RM in refererence to the status of the 43-101. I do hope I answered you question.

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