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: Nothing HO Hum

Be careful what you wish for and imho be more positive {(averaging Ni 2.31%, 1.99%, 1.94%) and (Massive Ni 2.31%, 5.04%, 4.77% at several holes)}!!!.

Please read the NR again and the following are some highlights:

"HIGHLIGHTS:
-----------

- Hole No.NOT-09-53W1 intersected 54.7metres (873.3-928m) averaging
2.31% Ni, 1.91% Cu, 1.43gpt Pt and 5.77gpt Pd
- Hole No.NOT-09-56 intersected 68.6 metres (526.4-595m) averaging
1.99% Ni, 0.94% Cu, 1.05gpt Pt and 3.57gpt Pd
- Hole No.NOT-09-57 intersected 50.81 metres (545.2-596.m) averaging
1.94% Ni, 1.05% Cu, 1.38gpt Pt and 3.38gpt Pd
>>


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The following table summarizes the results of the nine holes disclosed
herein:

-------------------------------------------------------------------------
MINERAL-
FROM TO INT. IZATION NI CU Pt Pd Au Ag
HOLE ID (m) (m) (m) TYPE % % g/t g/t g/t g/t
-------------------------------------------------------------------------
NOT-09-51 NO SIGNIFICANT RESULTS
-------------------------------------------------------------------------
NOT-09-52 NO SIGNIFICANT RESULTS
-------------------------------------------------------------------------
Eagle 1C
-------------------------------------------------------------------------
Net
NOT-09-53 854 880.4 26.4 Textured 1.29 0.39 0.72 2.91 0.07 1.76
-------------------------------------------------------------------------
Net Textured
NOT-09-53W1 873.3 928 54.7 /Massive 2.31 1.91 1.43 5.77 0.24 6.37
-------------------------------------------------------------------------
Including 917.9 926 8.1 Massive 5.04 2.83 1.14 8.60 0.05 8.26
-------------------------------------------------------------------------
NOT-09-54 ABANDONED BEFORE ZONE
-------------------------------------------------------------------------
Eagle 1B
-------------------------------------------------------------------------
Net
NOT-09-55 501.5 507.3 5.8 Textured 1.26 0.42 0.51 1.91 0.11 1.43
-------------------------------------------------------------------------
Net Textured
NOT-09-56 526.4 595 68.6 /Massive 1.99 0.94 1.05 3.57 0.12 2.90
-------------------------------------------------------------------------
Including 526.7 532 5.3 Massive 4.77 1.95 0.84 6.75 0.11 4.34
-------------------------------------------------------------------------
Net Textured
NOT-09-57 545.2 596.0 50.8 /Massive 1.94 1.05 1.38 3.38 0.15 3.13
-------------------------------------------------------------------------
Net
NOT-09-58 431.9 441.3 9.4 Textured 1.30 0.52 1.07 1.90 0.06 1.30"
-------------------------------------------------------------------------

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