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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At a minimum a firm deal will be a revenue sharing agreement tied to a commitment to support mine development and approved EA release. The Infastructure money will flow from the feds and the province when the EAs are done and a signed commitment from local FNs that they support mine development. I wouldn't be surprised if we see the FN's emerge with a NSR or equity position in the projects, ... Been There.
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