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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It should be noted here that the C-1 target, on the western edge of the property, is a part of the Eagle One intrusive complex and that a narrow section in Hole No.2 on its eastern margin, assayed 1.44% Ni, .08% Cu and .83 grams PGM's over 3.8 metres and included a 0.9 metre interval grading 3.52% Ni, 0.17% Cu and 2.96 grams PGM's between 41.2 and 45.0 metres in the hole. A grab sample from this section taken by the writer on a field visit ran 5.86% Ni and .69% Cu. This is

typical Eagle One type mineralization and management expects to see it at depth in the large C-1 target.


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