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: PDAC Convention...

MK, normally companies will need to release news in a timely manner so holding on is not the norm. In saying that, however, it was only mid last week that the halt and NR came out and it was an incomplete NR. Management did say that details would follow shortly. We haven't seen those yet so this may be the week. In short... this isn't the norm.

What makes me more confident that such will be the case is that Neil mentioned he had to 'run up' to the ring on Saturday even though there are over 50 people including 2 geologists on sites. SHortly thereafter there was what I call an interim NR. I really feel that DE3 is there and we are just waiting for the best timing of a relaease.

Thank you Richard.

Jeeper

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