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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Delayed yes BUT they indicate that they are drilling DE1. That's funny, I thought the DE1 deposit was too small. Clearly it cannot extend down to Fancamps property! With tongue firmly planted in cheek.... Sprott/Peter H can't be wrong can they?



The initial target is located within the Eagle One peridotite intrusive complex, south of the discovery (Targets 1-3, 1-4, a.k.a C-1, on the attached map). The geophysical description of C-1 is shown on the attached profiles and it will be drilled from the east.

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