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: Re: News - Re-assays for chrome - Why re-assaying may be necessary!
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"The bottom line is that there could be a good reason that the current geologists or directors ordered re-assays of these, as they called them, "high grades" of chromite. I think from what you've said that you agree with this assessment."

To expand on this paragraph, if I may, Rodg, I would ask another question.

How many junior exploration companies that are drilling today, even bother to send "most" of their cores in for assay? There are plenty that will send maybe one or two out of ten holes, 'the best looking ones' just to say they are maybe finding something. Yet we sit here tonight and belabor the fact that we are sending all of them out and several of them are being rerun because of the excellent returns and to ensure reliability of the assays?????????

Todays report is quite acceptable to me. They tell me they are hitting really good chrome at the BB's. They are drilling continuously at AT12. They are putting the 4th drill up north on a new prospect. They have new geophysics done. They are aiming towards a 43-101 on BB's. How many other juniors are there out there that can claim any one of these positives???? They may not give me any hard facts about grade and widths until they present me with this 43-101, but I am confident that by then things will look better in the market and By then maybe I will be interested in selling. I am not interested in playing the ups and dips. It is too risky for me.

I do not have any particular training to justify my ability to produce the above essay, just common sense.

Regards

K

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