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: Raising the Bar (SP) with high sell orders!

I understood it to be that HUI was getting the third drill also. Remember that Noront is the operator there so it naturally follows that NN would use the "WE" word for them also. I would expect that the fourth drill would go to te FWR JV.

regards

K

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