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: From a knowledgeable source.....

That would not surprise RN, he has said since the NR that something substantial was under Eagle 1. We just need to be patient and when this is released, we will climb dramatically as we will be tipping the scales and confirming we are economical. The market forgets that right now, we may not be economical but any new significant discovery will tip those scales hard and confirm we are an economical project and our valuation will go the same way. Eagle 1 was small but ultra high grade. What happens if the source of Eagle 1 is much larger as Prog Mungal has always said and we finally drilled into it??

Glorieux

Action early this morning seems to confirm that we have the markets attention even on a huge down day like today. Swimming upstream like this is very bullish!

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