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: Our Biggest Risk

Everyone seems to be agreed on the fact that we can't just sit back and do nothing between now and next AGM. An action plan should be developed.....we have many on the board who have demonstrated such strengths.

One question I have: how many of our noront investors did not get to vote for RN? I am guessing that people in Europe/Asia had difficulty. Perhaps it would be prudent to poll everyone...only for responses from those who did not vote, for whatever reason. There might be a huge block yet to be counted in favour of our cause.

A277

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