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: Every dollar in SP represents roughly 1% In situe value

Infarastructure in a way that produces immediate jobs for Fns is a key. Iceroad and all season runnway/airport. The comprehensive EA will get changed to joint review that FNs want, when those 2 have been dealt with . This year is iceroad is needed and will be helpful in producng the runway for the melt. The anouncement of iceroad contracts is usually late november. Contracts and equipment/manpower are being negotiated now.

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