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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Well, at least we know where they are drilling. RN told me Monday that the drills are at E2 and AT3 while the 3rd drill is idol. When the 4th drill arrives, it will probably be going to WSR. However, for the rest you are bang on. Very tight lipped. Although, we should be getting results from SPQ/FWR soon. Let's see what happens. For the fact that they are still drilling at E2 and AT3 during break up is bullish.

Glorieux

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