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: first nickel to become indicated in ROF

1) This is the first nickel to become "indicated" in ROF. I know it won't increase, probably decrease, the SP, but it may be a necessary step for the confidence of an interested major. Step two, more nickel from Noront, TBM, or FNC. and step three transportation. But I doubt either of us want to wait that long for Cliffs before we make money. So we'll simply have to get that second nickel strike.

2) Can anyone tell me the significance of testing the "litho-structural model."?

3) Has anyone kept track of the hole count? Has anyone noticed any hole reports missing?

-sg

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