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: No longer an exploration company...

"A total budget of $12,300,000 is recommended to follow up at Eagle One, and to continue defining and delineating the other deposits on the property such as Eagle Two,.....etc."

I'm hoping that they can draw from WL for financing as this sounds like justification, necessary though it may be, for a future pp. I would not want to see a pp with the sp in the state that it's in. Anything under 10 would be unfortunate to my way of thinking.

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