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: My Estimates/Implications of assays from E2, E3..Rhodium etc..
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Correct in regards to expectations however, the 2% nickel equivalent included pges and although we want to conservative, geology is a bit of an art as well until drilling and John is giving us his impression which most of us value quite highly. Based on the high pges of E1/proximity of E1 and the chromitite John is giving us his thoughts on what AT3 may contain.

G.

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