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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Taken from July 4, 2008 news release:

Eugene Puritch, P.Eng., Tracy Armstrong, P.Geo. and Antoine Yassa, P.Geo of P&E Mining Consultants Inc., are the authors of the Resource Estimate Technical Report on the Eagle One deposit to be filed within 45 days of this news release. They are independent Qualified Persons in accordance with NI 43-101 - Standards of Disclosure for Mineral Projects, and have reviewed and are responsible for the information presented in this news release

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