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: Take overs could heat up

Thanks Deeter, I do like this statement:

Nickel is also a "good business to invest in," Clayton said, adding that Rio
Tinto is interested in developing that part of the company's assets.

Companies like Rio are not swayed by price changes over short periods of time and by the time we are ready to mine E1 and the rest of the nickel up there, the US will be back on their feet and world consumption should be strong again.

Glorieux

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