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: My view, for what its worth.

According to latest press release we had 4 holes grading-1.44%, 2.24%, 1.98%, 1.00%-Nickel, now the rest of the holes were .5 and higher with the exception of a couple so what i'm trying to get at is this.

It has been stated before that it takes .5% nickel and above to produce a mine so we have 4 holes with what would be considered exceptional grade nickel mabe not when compared to DE1 but exceptinal all the same.

So given that it is true .5% nickel and above would be considered economical than press release was not as bad as first thought. Just my thoughts i read in the big score that they drilled a hole that graded 2.96% and beleived this to be very exceptional so if someone with more experience could mabe explain how far out to lunch i'am here that would be great!



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