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: by product of nickel mine...Frac sand..

Since we're not right next door to the people using that 'sand' there would not be any value to be gained.

Stripped overburden and rock to access shallow deposits will of course be valuable but only for creation of berms and infrastructure. Actually another reason why E1 is so attractive a starting point for mining in the ROF.

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