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: step out hole required!

I did not say that was all there was. The market is behaving like that is all there is. I did say that there was a lot of room down there that doesn't have a hole poked in it. When there is, I am counting on that critical mass being established. Each release giving us assays that increase our reserves should increase our share price but such is not the case. There will be a point where this is turned around. This PR we just had is not a bad news release. I think it is good news, just not enough. Like everyone else, I am hoping for a blockbuster release that will blow the doors off. Like everyone else I'm getting impatient and more than a bit frustrated with the wait and see mode we have been in for the last two years.

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