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: The gov't has said...

It should be obvious to all that there will only be one mine/smelter processing all the chromite from the rof, so some deal with NOT and maybe even involving PRB will be done by cliffs,imo.

Also we are yet to see Baosteels intentions ,with $$$.

imo, one chromite and one nickel mine only.

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