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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" I asked if we could expect visuals on holes 50, 51. She said that would be in a news update."

If this was the exact language used then J.J. said in "a" news update, not any specific news update. Therefore there could be no specific time attributed to when these would be reported on. This would be a misinterpretation that was carried down through various posts.

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