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: Some thounghts
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In the last 10 years, Clarus has never bought FNC! Clarus does not like speculating at the level that FNC is speculation. NOT is speculation as well but at a much different level of course. The biggest question remains, will we have enough economical grade of mineralization to justify a mine? I believe we will and if we do, I cannot see the SP being anywhere under $10 when that is made official. How long before it is official? Could be 1 year or more, however I believe we will have a very good idea about that in the next 3-6 months. I think Clarus believes this to be the case as well and that is why they are here.

Cheers,

Glorireux

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