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: Attawapiskat unrest continues, despite De Beers investment.Road blocked..again

The rest of the story

Money is lost at the cheif and council level

http://www.theglobeandmail.com/news/national/in-attawapiskat-deep-rooted-problems-wont-disappear-in-an-instant/article4201581/?page=all

Ms. Tomagatik struggled with English, continually breaking into Cree then catching herself and searching for words. She said De Beers officials met with her family three times, long before the company cut a deal with Attawapiskat. She claimed that the company offered her and her four siblings $10,000 a year while the mine was in operation and that she has the paperwork to prove it. For the first few years, the money materialized. Ms. Tomagatik used it to support her daughter, living down south in Timmins. But several years ago, the payments stopped.

Tom Ormsby, the company's director of corporate affairs, explained that the rules changed when De Beers signed a deal with Attawapiskat to develop the land. Instead of making payments to individual band members, the money goes to chief and council.

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