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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Hoov, I agree. With the one drill hole visuals they have released, it seems they are pushing the limit. But if you read one of the bullets on page 25 of the July 16th presentation they are saying they have more information. I assume information that has not been released yet,

3. High‐grade Ni, Cu, PGM (Eagles) with 43‐101

• New reports indicate that current discovery will potentially triple in size

• Awaitng assay results

As we already know, they know a lot more than they have shared with us. So we wait, and we enjoy this ride up.

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