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: My Observations PDAC/Noront Gala

"They had a copy of the NOT release on their table and tried to tell me that the grades were uneconomic... that they will continue to mine Sudbury before anyone would consider the NOT finds"

Don't shoot at me, I'm not bashing, even softly... But...

If a Cliffs guy tells me that at a PDAC booth, I would certainly listen carefully. I truly does not believe in conspiracy theories of people being trained and paid to affirm such things to the first comer in the course of an evil plan to frighten Mr Retail! They may be wrong, but I would listen carefully, and ask questions to understand their point. I wasn't there, I cannot not comment on the conversation, but this is not a statement about the actual weather in the ROF. This is a very surprising statement, to say the least! I would be very interested to know more about it. Very interested. Canadian_resources, can you tell us more?

GLTA.

BB.

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