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: Nothing is proven its inferred and indicated , taken from latest 43-101

Table 1-4: Eagle's Nest Summary of Mineral Resources

EAGLE’S NEST INDICATED RESOURCES

TONNES NI % CU % PT g/t PD g/t

6,900,000 2.04 0.95 1.3 3.4

EAGLE’S NEST INFERRED RESOURCES

TONNES NI % CU % PT g/t PD g/t

4,300,000 1.42 0.87 0.8 3.4

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