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: Quarter II 20 Day Averaging period-
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- ends with Today's close. No Volume Weighting applied. Average price of NOT shares

is .3542 cents. Should RCF opt to get Interest amount paid in shares, with some

improvement of Canadian Dollar on FX Markets they should get 1.1 Million shares

of NOT, plus or minus 100 K shares. That compares with slightly over 1.6 Million

they got for first quarter.

GLTA,

Fossil

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