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: Realistic appraisal

dont think theres much hidden between the lines here Cleopatra, black and white to me,,,

the GOOD,,, more PT and Pd and Au,,,understanding the geology better,,,13 new target test holes in labs(so dont sell, lol,,,),,,confident that mineralisation extends deep below eagles nest based on down hole geo results,,,

the BAD,,,narrow vieny footwalls,,,deep drilling terminated because of difficulties,,, no drills turning from now until mid Jan,,,and all of the GOOD is, of course, speculative, lol,,,

Shakey

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