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: Update

If you want to hear from the horse's mouth, please call the company ask for JJ, she has time to talk to shareholders who wish to have constructive conversations about the company. I know some share holders call but only complain, they may not get very far...

As to why they discuss things over the phone that they do not put in NR, that is a good point. NR always carry costs including legal and so they keep it to the point. Wes has already stated in a NR that there is a convergence between the Eagle's nest and the Chromite/JJJ zone that they believe starts at the 1700m level. Drilling to 1500m would not answer those questions and from a proving up an ore body point of view, is not how it is done. Our company has been doing text book drilling of a steeply (in our case vertical) dipping ore body and have a hit miss ratio at these depths that would make any company envious.

Now they finally are getting a drill onsite that can solve alot of their questions regarding this complex-and they will get answers asap for themselves geologically first and foremost and secondly for use shareholders and our ever louder demands for a higher share price.

Glorieux

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