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: Insider filing for last 12 months - for what it is worth

Insider filing for last 12 months - for what it is worth

posted on Jan 12, 2009 08:12AM

Latest Filings Over the Past 12 Months - Maximum 60

- Information that has been adjusted or estimated by INK - Amended filing

Transaction Holdings

Date Insider Name Ownership Type Nature of Transaction Security Price ($) Shares / Units Change* Closing Balance

Dec 04/08 Hamilton, Joseph Andrew Direct Ownership Acquisition carried out privately Common Shares 0.800 62,500 n/a 62,500

Dec 04/08 Parisotto, Paul Anthony Direct Ownership Other Common Shares 0.800 100,000 n/a 100,000

Nov 28/08 Waisberg, Lorie Direct Ownership Acquisition carried out privately Common Shares 0.800 50,000 n/a 50,000

Nov 28/08 Novak, Neil Direct Ownership Acquisition under a prospectus exemptio Common Shares 0.800 18,750 13% 168,750

Nov 11/08 Hamilton, Joseph Andrew Direct Ownership Grant of options Options common share 0.800 600,000 n/a 600,000

Nov 11/08 Mckay, Keith Douglas Direct Ownership Grant of options Options common share 0.800 300,000 n/a 300,000

Nov 11/08 Anderson, Patrick Fergus Ne Direct Ownership Grant of options Options common share 0.800 300,000 n/a 300,000

Nov 11/08 Waisberg, Lorie Direct Ownership Grant of options Options common share 0.000 300,000 n/a 300,000

Nov 11/08 Parisotto, Paul Anthony Direct Ownership Grant of options Options common share 0.800 600,000 > 100% 700,000

Nov 11/08 Blasutti, Darren John Direct Ownership Grant of options Options common share 0.800 300,000 n/a 300,000

Oct 28/08 Hamilton, Joseph Andrew Direct Ownership Opening Balance-Initial SEDI Report Common Shares 0.000 0 n/a 0

Oct 28/08 Waisberg, Lorie Direct Ownership Opening Balance-Initial SEDI Report Common Shares 0.000 0 n/a 0

Oct 28/08 Hamilton, Joseph Andrew Direct Ownership Opening Balance-Initial SEDI Report Options common share 0.000 0 n/a 0

Oct 28/08 Mckay, Keith Douglas Direct Ownership Opening Balance-Initial SEDI Report Options common share 0.000 0 n/a 0

Oct 28/08 Anderson, Patrick Fergus Ne Direct Ownership Opening Balance-Initial SEDI Report Options common share 0.000 0 n/a 0

Oct 28/08 Waisberg, Lorie Direct Ownership Opening Balance-Initial SEDI Report Options common share 0.000 0 n/a 0

Oct 28/08 Blasutti, Darren John Direct Ownership Opening Balance-Initial SEDI Report Options common share 0.000 0 n/a 0

Oct 28/08 Mckay, Keith Douglas Direct Ownership Opening Balance-Initial SEDI Report Common Shares 0.000 0 n/a 0

Oct 28/08 Waisberg, Lorie Indirect Ownership Opening Balance-Initial SEDI Report Common Shares 0.000 0 n/a 9,000

Oct 23/08 Graham, David Bruce Direct Ownership Exercise of options Common Shares 0.150 150,000 > 100% 160,000

Oct 23/08 Graham, David Bruce Direct Ownership Exercise of options Options common share 0.000 -150,000 -38% 240,000

Oct 23/08 Harvey, John Dennis Direct Ownership Exercise of options Common Shares 0.750 100,000 14% 794,000

Oct 23/08 Harvey, John Dennis Direct Ownership Exercise of options Options common share 0.750 -100,000 -13% 650,000

Oct 22/08 Diges, Carmen Lydia Direct Ownership Grant of options Options common share 0.000 200,000 53% 575,000

Sep 03/08 Diges, Carmen Lydia Direct Ownership Exercise of options Common Shares 0.240 50,000 50% 150,000

Sep 03/08 Diges, Carmen Lydia Direct Ownership Exercise of options Options common share 0.240 -50,000 -12% 375,000

Jun 17/08 Nemis, Richard Direct Ownership Disposition in the public market Common Shares 3.700 -10,000 -1% 1,649,590

Jun 16/08 Nemis, Richard Direct Ownership Disposition in the public market Common Shares 3.700 - 3.750 -67,800 -4% 1,659,590

Jun 13/08 Nemis, Richard Direct Ownership Disposition in the public market Common Shares 3.700 -2,000 -0% 1,727,390

Jun 11/08 Nemis, Richard Direct Ownership Disposition in the public market Common Shares 3.800 -12,800 -1% 1,729,390

All data based on insider regulatory filings which are subject to input errors.

* Indicates percentage change of shares or units held for the ownership type of the security traded. Many insiders have more than one type of ownership and each is calculated separately. See Holdings Summary for all holdings across all

ownership types.

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