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: NOT 09-50 Hole

My thoughts on hole 50 start with hole 49. Hole 49 most likely finished June 27th or there abouts. Give them 2 days to set up again 100m further (very generous timeline) and they would of been starting to drill June 29 and by July 10th that hole should be done. Give the rumors time to get to Bay street and Voila, July 15th the stock explodes upwards! Now they are drilling hole 51 IMO.

I also like the fact that they say that on July 6th that the second hole is being completed. This fits very nicely with the time schedule we have!

Glorieux

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