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: What to say...what to say

all the additional cost have to be factored in when determining whether a deposit is economic. You are welcome to believe what you want but I am just basing my opinion on other deposits aswell as countless papers written in countless journals about magmatic sulphide deposits. I am actually glad that you are so optimistic we need optimism in this business. But whatever this isn't really an argument that is necessary i respect and value your opinion on the matter.

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