Re: Feb 26 News Release

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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rosehill

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Re: Feb 26 News Release

in response to

Feb 26 News Release

rook

posted on Mar 18, 2009 01:22PM

rook,

They are not holding the results for the new CEO. I spoke to IR this afternoon about the new CEO. They are currently waiting for a reply from a candidate. At some point in time they will quit waiting and start looking once more.

The assays for chrome are being processed by an alternate lab for verification. Drilling continues in the ROF. Approximately 50% of the staff is on vacation (March break stuff). The other half is on site at the McFauld's lake camp.