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: Valuation based on "three year trailing average metal prices"

Seems resource is aboutt 1/3 of what was estimated and shareprice is about 1/3 of the target price.....seems the market knew where we should be priced

Significance is that this is now known as fact by all and will put a bottom on the share price.....it will only get better from here....more drilling on Eagle 2 than Eagle one which wasn't worked into the target price....also, expecting more good news out of Windfall...may be a while before we see $7 again, but I'm confident that is not out of the question

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