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: Just received email from JJ

IAMSUDBURY, you wrote, "I'm still awaiting an answer to see what hole they are on."

Interesting that JJ and company cannot quickly answer a question as simple as this. With the Christmas break there has to be a definite answer as it would not have changed over the last couple of weeks. Regardless if drilling started or not, a simple reply could have been, "at the time of shut down for the Christmas break our drillers have finished hole # XXXX."

This I think is what frustrates so many, but is why I believe management is holding information for their strategic reasons. I just wish sometimes I had the inside scoop.

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