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: What happened to everyone getting news at the same time???

At this point of the game, intercept lengths and average grade over those long intercepts are what get's the market's attention. We are going after a different market now, institutional investors and they are looking at mineable tonnage...2% over great intercepts is very mineable!

Glorieux

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