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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Yes, I will give them the benefit of doubt here. 21 holes, most of them aimed towards a 43-101 on the blackbirds. One can be sure they would not be doing a 43-101 on 10% chrome. More geophysics have produced more targets west of BB's and north of AT12. new exploration area around Oval lake. 4th drill being pressed into service. This is all positive, except for the secretive stance. If one gives them a little credit for intelligence, and assumes that what they are doing in this regard has a purpose,then this is a very good report.

Of course one can belittle the secretiveness as the cause of our malaise, and if they were more open with assays and other info, we could then hope to be flourishing along with our neighbors.

Regrds

K

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