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: One more thing

We debated alot yesterday and came up with a list of possible NRs next week. We all agreed AT12 is a given...we have heard from multiple sources that this is indeed fact. After that you have a choice of the following:

Graduation to TSX

Gold from bulk sampling at Windfall

Another hit somewhere else

Eagle 2 update

Blackbird 1 update

Blackbird 2 announced

Additions to management team

and my favorite...a buy in by Xstrata or another major

Anyone else out there think of other NR items?

Thanks for your imput,

Glorieux

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