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: Windfall and others to be separated from DE

The MD&A has now addressed directly the two major perceived risk elements that account for a significant portion (not all) of the doubters. Both the financing and marketing/op directions/visions have been addressed sufficiently to provide comfort. The brakes will gradually come off the sp. Drill it and execute and the remaining doubters will gradually appear. Pre-election US.pumping will grease the wheels. Even the new mantra at CNBC is a commodity resurgence in '09 !! . Thanks RN your timing is perfect, now lets see some NR's into September. Glad we got a chance to load up under $3. That hissing sound you now hear is a burning fuse, and its a short one.

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