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: let's raise a glass

They have repeate the "no comment" about a TSX listing for the last 2 years so I do not see how JJ repeating it now increases the likelyhood of a quick listing. I believe we will have the 43-101 on chromite before we have that listing...but maybe not much longer after that technical report is out.

I do believe we will get news very soon, probably this week but next week at the latest and I do believe they will contain assays of 51 and probably other holes as well. This will be enough to give us a good lift from our current SP.

Glorieux

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