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: in situ value, why noront is worth more then most think, #1 of 5

jsq, good post.

One point that should be raised regarding NOT, the values used in October to estimate what they have at DE are likely significantly different (higher) now. Reasons being that we have found more and higher grades in some new holes since then AND just as importantly, new TYPES of minerals from what was reported in October. We did not have any significant information regarding Rhodium or the levels of the other PGE metals.

Onwards and Upwards!!!

Jeeper

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