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: Peter Hodson vs Peter Smith

Smith was talking about the lengths of interception and not the assays. His point being if this can be hit on step out it could be huge deposit. Some people are looking at overall grade and comparing to assays on the hugely rich initial hit on E1.

Apples and Oranges people and can't compare.

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