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: Very interesting article on Chromex in today's Resource Investor

The "low cost producer" potential will be determined largely by the size and grade of the deposit. We only need a minimum known size/grade/ to do that math on a very preliminary basis with theoretical cap cost/op cost options. So far the street does not know or has not said what it is looking for, and seems to be caught in a time warp as the economic prospect has transitioned to Cr or a combination of Cr and Ni. One of our biggest problems is the street trying to catch up to the good stuff when the overall market has been taking a beating. Right now, they are devoting all their resorces getting their favored children of yesteryear into the emergency ward. Its as if our resource accomplishments are outstripping everyones ability to keep up. Great opportunity.

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