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: We waited a long time for just 5 holes

That being said, this is what I see;

Note: Holes NOT-10-076, NOT-10-076-W1 and NOT-10-081 were drilled in a north-south orientation to provide additional information about continuity of massive mineralization. Holes NOT-10-077 and NOT-10-078 were drilled as part of the infill program to test open portions at approximately the 250 metre depth.

HIGHLIGHTS:
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- NOT-10-081 intersected 157.0 metres averaging 2.6% Ni, 1.6% Cu, 1.7
gpt Pt and 4.2 gpt Pd;
including 19.0 metres averaging 6.6% Ni, 2.7% Cu, 0.8 gpt Pt, 7.3
gpt Pd and 1.1 gpt Au;
and 4.3 metres averaging 0.2% Ni, 0.4% Cu, 10.5 gpt Pt and 2.3 gpt
Pd;
and 5.5 metres averaging 7.8% Ni, 2.0% Cu, 0.2 gpt Pt and 7.9 gpt
Pd
- NOT-10-076 intersected 97.5 metres averaging 1.9% Ni, 1.0% Cu, 0.8
gpt Pt and 3.0 gpt Pd;
Including 3.6 metres averaging 5.1% Ni, 1.5% Cu, 0.5 gpt Pt and
6.6 gpt Pd
- NOT-10-076-W1 intersected 43.5 metres averaging 3.2% Ni, 1.2% Cu, 0.5
gpt Pt and 4.2 gpt Pd
Including 13.1 metres averaging 7.0% Ni, 2.2% Cu, 0.3 gpt Pt and
8.5 gpt Pd

We need More like this. The infill holes were more disappointing and could actually reduce the size of the overall 43-101 estimate.

BB


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