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: Doubts about developing Ontario's Ring of Fire development

Realisticly the level of development logistics are little different from Voiseys Bay. However the political logistics are diametrically opposite. Ontario's Liberal government(?) puts themselves before the people of Ontario. Thus until it becomes financially expedient for those in power they have no incentive and indeed a negative incentive to allow the development of the Ring of Fire deposits.

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