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: COMMODITIES - (FRIDAYS CLOSE)

Add the following:

Platinum $1184

Palladium $235.70

oIL $51.55

nAT gAS $3.30

Propane $0.64

Did you notice that Nickel rose almost $1.00 on the news that Inco was shutting down for an additional 2 months...then settled down to $5.13 US.

Will the Crysler negotiations set a precident for the Vale Inco/Steelworkers talks?

Get set for a 1 year strike at Inco in Sudbury.

SN

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