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: To all FN's

I am just thankfull that the communities around Noront have been for the most part silent about the whole FN issues that is happening further away from ROF traditional areas.They seem to be working with the companies, other than Cliffs, who may have problems because of their size and country of origin. Every project has difficulties in the begining of IBA and EA but what I see from DeBeers and Musselwhite is that the projects do get worked out and even though there are a few disagreements, for the most part, it is no different than union disagreements that happen every day at factory or construction jobs throughout the world. Lets not write too much into every problem that is heard about. It is just that the media is very quick to promote these FNs problems more than others. Also we have many who have made it their mission from god to find fault in everything.

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