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: windfall
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 The ramp will be down to the area around hole 100 before the end of april.  It takes very little imagination to come up with 2000 tons of ore there at 40+ oz/ton. It will also be a simple matter to get a permit to test mine that 2000 tons of ore. After costs to mine it and transport it to a mill they will still net 60 million+.   Because of this I believe someone will come to the table with an attractive offer before then. After that point we would not need any financing for a long time.

K

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