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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No problem! For the record, Sudbury, probably the most prolific Nickel mining area in the world, has mined a total of 1500 million tons. I believe that if we find 56 million tons and the grade is consistent with DE1, our SP could reach $100. For the record, I do expect the grades to come in lower as double eagle 1 is off the chart in terms of grades but even then, if we see between 56 to 80 Million tons of ore we should see $100 per share. Now look at DE1 at 7 million tons. We may have up to 8 other eagles within 5km with conduits that are km in length. Is it possible to hit 80 million tons of ore? It is very possible. Will it happen? Only the drills will tell but you know How I am betting. So far 2 out of 2 eagles are positive hits...so if the trends continue...Kapow!!

Glorieux

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