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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We have an iceberg on the bid at 2.05 and on the ask at 2.09 so we may get trapped in between these unless we get some volume. The fact that assays are due out anytime now and rumored to be good should cause some to jump in and increase volume. Once we hit 10:30 we may see which way this will go.

G.

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