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: Below Six Tomorrow?

By June, we should be well above the $10 range with news hopefully out from DE3, DE4 and news from one of the area plays. Wait a minute, who am I kidding? $10 range, I think we'll surpass that by the end of april. There can only be good news from here on out for Noront and area plays. What could be possibly be troubling news? Maybe DE2 won't be as signifcant tonnage wise as DE1 but who says that DE3, DE4 and DE5 won't be as big as DE1 and DE2 combined. We have the money, we have the drills, we have the team and most importantly we have the investors. It's only a matter of time before these $6.00 peanut ranges are long behind us.

 -Kennedy

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