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: Gold, silver prices leap as stocks start big sell-off

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Gold and silver prices rallied sharply yesterday to close the week at $1,179 and $18.69 while US stocks fell by the most since January with the Dow Jones off 158 points at 11,008 and the S&P off 50 points at 1,186. Chartists see gold on its way back to the high of $1,226 set earlier this year and for silver to pass $20 an ounce again. The performance of precious metals in this sell-off could be very different from late 2008 when gold and silver prices also fell dramatically.

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