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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"When NOT in 2015 is taken over by a big boy it will be Rusal-Norilsk......only my words!!"

If Norilsk waits until 2015 to buy NOT the Chinese will have already owned it for 5 or more years. With commodity prices and availability such as it is, it would seem imprudent to leave such a find without taking at least a part ownership in it.

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