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: Tangi, FWR better then NOT, NOT

Yes Poly, completely agree on the exploration agreement, as we have one in place between the NOT and FWR for the JV property top left hand corner of FW claim 3011028 it would not be a stretch to theorize that given the current market for juniors and Chromite in general NOT and FW would seek to to do just that.

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