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: I had an interesting conversation with a doctor yesterday...

All that restructuring "initiative" to share the wealth and broaden thier horizons will ultimately benefit and provide opportunity for those with strategic goods in the ground that can be developed which will eventually replace that mined product coming from South Africa, a sad reality that policy run rampant withoiut intelligent forthought could very well mean the economic demise of the mining industry in SA.

On that note, our CEO's recent trip to SA may be the beginnings of the larger fracture in the Chromite dam of SA so to speak, eventually as development of the NA Chromite moves forward they may see complete collapse.

Looking forward to the 43-101 on the Blackbirds, question is will the new finds by our JV be added into the mix?

And what of the JV Bullseye, no rumors, no talk about it on the FWR board, when is it going to be drilled? Perhaps if NOT had been the operator of the JV it would be drilled off by now and we would know what lies beneath.

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