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: As Nickel continues its Rise since 03/30.09, So will the value of Eagle One.

Valuation of a companies assets are generally done on a trailing five year average. (as was the case for Noront's 43-101 on Eagle 1)

Although the spot price of Nickel today might not seam relevant, it will ultimately be included in the buy-out valuation.

The higher the current price, the better.

Cheers,

Milsy1

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