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: JP MORGAN - ING BANK

You saw the presentation, BMK was the only other neighbour that was featured in any great length.

I specifically asked Mike White if there was some hidden message that was being indicated about the MacDonald properties. He repeated the same info that he had indicated in the presentation about when surveys line up, it is a great indicator, and there are presently 8 locations identified to the west of NOT. Also they hi-lited the MacDonald properties going up the right hand side of the 'Ring of Fire' as potential high areas of interest.

Anyway, I am cconvinced that this is one of the JV deals on RN's desk.

Have a great weekend!!!

RM

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