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: BMK using proceeds from Hudbay to explore elsewhere

Thats wierd but I guess its their money. But the NR yesterday said that Hudbay was getting in for the ROF...

"Kirk McKinnon, President and Chief Executive Officer of MacDonald Mines comments, "The HudBay Minerals investment in MacDonald Mines is a very important step in highlighting the growing potential of the mineral wealth in the James Bay Lowlands "Ring of Fire" region. We are very pleased that HudBay has made this investment in the Company, which we believe demonstrates HudBay's belief in the quality and potential of our mineral properties and the Ring of Fire area generally. HudBay is now the second major mining company to make an investment in the area." "

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