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: AT 12 results..

"I was slightly disappointed in the AT12 drilling results." Why I wonder, you do not explain.

Realize that not all, and often most, drill holes are far from ideal. Low grade holes do not determine a resource but only the economical ones and particularly the very economical ones. Best if the better ones are grouped together.

We are just begining with AT12. Good stuff has yet to appear. I have hopes.

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