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: IMPRESSIVE!!

Pete,

How right you are, and this is why I'm gonna sleep well tonight.

HOLE ID       FROM   TO    INT.  MINERALIZATION   Ni    Cu    Pt    Pd
(m) (m) (m) TYPE % % g/t g/t

NOT-09-59 507.3 514.1 6.8 Massive 6.51 5.51 2.44 11.84

Including 526.9 530.3 3.4 Massive 7.28 1.71 0.06 6.43


Including 716.4 721.9 5.5 Massive 7.49 0.95

Just the beginning

RR



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