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: Here's my take....

From these 2 NRs I read it that sometime between May 12 and June 3 the AT12 drill was moved to "promimal targets". So if they sent core from AT12 to be assayed in that timeframe they should be back any day now. I really think we will see something next week.

From May 12 NR

"Drilling is well underway at Eagle's Nest and at AT12, in the very near future we expect to drill our highest priority regional targets focusing on finding potential, additional nickel copper PGE mineralization. Many of these are proximal to Eagle's Nest."

From June 3 NR

"The Company has commenced drilling at prioritized geophysical targets proximal to the Eagle's Nest deposit. Currently we have six drills operating with five dedicated to the Eagle's Nest program. The sixth drill will focus on regional target follow up. "

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