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: Stillwater
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Poly, I was reading about Stillwater a few months back and IF I recall correctly it was 'estimated' to be long (i.e. 28 Km) and the grades of the PPE's were less than what was first indicated at ROF. Also, they are under a mountain and access to the mineralization was looking to be easier at the Ring.

It was very early in the drilling game at the Ring so a comaprisson wasn't really meanigful.

My point at the time was that based upon the grades found so far, the location (i.e. relative to the surface) of the mineralization and considering they are mining Stillwater, we would have a mine.

JMHO

Jeeper

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