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: Incremental Progress on RoF Missing

The Ontario Chamber of Commerce has given the stakeholders of the RoF a grade of "F", stating that in the time since 2009 there has basically been zero incremental progress.

The Chamber believes that efforts such as the Development Corporation are simply window dressing and all levels of Gov't are spinning their wheels.

The Chamber is not suggesting there should be ore out of the ground but simply signs of incremental progress.

Hardly news to investors but good for the Chamber for keeping the pressure on.

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