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: Another AT-12 comment

Is anyone else anticipating what is going to happen after the closing of the Baosteel deal on June 2? People seem to have forgot we have been drilling non-stop since January. If we came up with bubkis don't you think they would have told us. Why would you close a major deal with China's largest steel company and then release crappy drill results?? I am convinced we will see something interesting after June 2.

I've already said this but I'll say it again. At PDAC, Jeremy and Wes were very excited about AT-12 and a IP survey (which has never been used in ROF) showing a HUGE anomaly around the 600m level, below what we had recently drilled. Warren Irwin was in on this conversation as well and when Jeremy explained that this is larger than Eagles Nest his eyes about popped out of his head as did mine. Now, the images they were showing on the tablet of this anomaly have not surfaced anywhere else that I can find. However, they are mentioning the potential of AT-12 on their last presentation on the website but no image. To put the image in perspective, the already "known" sulfide mineralization showed up as a light purple dot the size of a small pea, then below that was the untested anomaly which was the size of a tennis ball and very dark purple. Hope that gives a decent visualization, I'm no good with Photoshop. Anyhow if you remember the AT-12 release last March there were some very wide intercepts at low grade but some high grade stuck in between which tested the "pea" size anomaly, so you can say I am very interested to see what the "tennis ball" has to offer. Jeremy also stated they were going to get at least 10 good holes in over winter.

Hope it pans out.

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