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: Discussion with Richard

Discussion with Richard

posted on Jul 04, 2008 12:43PM

First, Richard returned my call from Wednesday and caught me a little off guard. I was with a patient and could not talk at that time and called him back after that patient. I was on hold for about 5 minutes before he was available as he was on another call.

He was very excited and pumped. I thought he was going to come thru the phone he was so excited.

I asked him if there would be any other news before the markets open on Monday and he said: I cannot answer that...so more may yet be coming.

I asked about Windfall. I asked him if there was a limit to the amount of ore they could take out of Windfall for bulk sampling with their current permits, he said that the permit itself did not have a specific number on them and that it was up to Noront to determine what was appropriate. There is a mill 50km away and that is where they will be bringing the ore for processing.

I could feel the passion easily thru the phone and it was very reassuring I can tell you that!

Cheers to all longs and enjoy the weekend...This is our weekend...Shorters will probably be putting on a full court press this weekend but do not get fooled. We are sitting very well right now!

Glorieux

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