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: Re: We waited a long time for just 5 holes Kitco values

I just crunched the 7% ni hole and it shows $1645 per tonne.

Cleo it wasn't a bash, I was just making the point, that with the infill drilling, if you do not meet the grades/widths calculated in the 43-101 you will lose volume. The fact, as I also pointed out that we have extended the find will add volume. I've been here since Windfall so don't take my reality check as a bash.

GLTA BB

I am travelling to Toronto for a social event tonight and hope to meet up with one of the NOT BOD (Aurelian) members and will report tomorrow.

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