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: what news are we waiting for?

1. From Jan to March we have 2 drills working at a speed around 1 hole/week 2x4x2months =16 holes assay (conservatively gesstimate)

2.In April we have 3 drills 3x1week =3holes total 16+3 =19 assays pending

3. we are waiting for rodium assay from australia lab

4. the final airborne result to indentify how many pods in the ROF,we know there is an increase from 6 to...???

5.may be TSE approval (RN does not talk much)

6.News from China project ( no a big impact yet )

7.Starting in May we will have one more drill to go to the JV site to drill

8. In May,we hope that the new lab in thurderbay will be in place so that our assays result will be deliver much much earlier

9.43101 pending for assays results and decide how to drill more holes to increase the tonnage

10.I guess only ,it will be nice to have a report from Professor Mungall

everything is starting to move very fast .in May and June ;as of lastweek ,we have a new terminlogy ....our skies are all blue....

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