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: Options to expire-2016
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On May 5/2016 1,900,000 Options with Exercise Price of $.88 will Expire.

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Now that those Options are relegated to history basket, there are two more

" high priced " Options to expire later this year.

300,000 Options with exercise price of $.86 expiring in Nov/2016 and

200,000 Options with exercise price of $.86 expiring in Dec/2016.

After that there wont be any Options maturing before July/2017.

GLTA,

Fossil

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