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: More from the MD & A

The statement I like is 4.21% Ni and 2.14% Cu over 28.8m. This is significant, plus the fact that it is 70m below any past drilling leads one to believe that this conduit proceeds somewhere at depth. Hitting it from 500m away with a two inch drill bit is a challenge but it does give one a sense of hope.

Mike

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