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: $400 million in savings,were will they spend the $400 million now?

They will spend 50 million now and five years later they will still have to spend 400. It is only a means of transfering a problem to the next government.

Politicos!

Wood does not have the energy content of coal.

More important to us in the Ring:

This plant only will produce small amounts of additional power for peak periods for Thunder Bay. It is inadequate to add the needed power for the Ring.

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