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: Exploration update out...

Hi Old Joe,

you keep bashing the new NOT management and saying how the old management was great. I used to think the old management was great and no one worked harder than me to save their butts. We did win that proxy vote but still had to negotiate the best deal we could in the circumstances.

However, that old board missed the gold info that was released recently!! If you go back and look up the chronology of those holes drilled and who reported the results, you will see it was under RN that these holes were drilled and reported.

It took a guy like Jeremy Niemi to pull all those results together and realize their was a distinct gold zone there. This is not a slant against the old board as this was not evident but it took a guy like Jeremy to re-catalogue all this info and make this discovery. This new management is much smarter than you give them credit for but I will not debate this with you further. I know where you stand and everyone knows where I stand. If you wish to debate this further, please do so by PM.

Glorieux

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