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: Re: Next release should be an update

Most people I talk to say they are resuming their drill programs beginning the 11th of this month. One could assume that the ROF will have things in full swing by the end of that week, or the 15th.

As this signals the beginning of the winter drilling season, I would expect that we would get an update during the few days prior to this startup. My guess is that they will utilize 2 deep drills as well as 2 of the present drills on the Eagle's nest, which will free up the other 2 for other showings. If one stays in the AT12/vanadium area, there will be one that can be used to try their luck at some new prospects. Although we are awaiting further results from the Eagle's nest, another hint of nickel elsewhere would really do wonders for our SP.

There are many prospects on the horizon for this winter, not the least of which will be a resolution of the vote over at FWR, that will impact the whole area, so we should not be short of topics on the forum over the next couple of months.

Best Regards

K

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