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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Thank you Edgy,

Here is the problem though, and we must not forget this.We closed up shop for winter holidays to which our SP started a trend, to only find out when holidays were over that a blockade was going to happen for the next few months, to which again our SP continued downward trend.There is roughly 4 months of lost time that has gone by to why it is where our SP is now(my opinion only).If the deep drills hit in january or february, and we were still drilling now, would we be at this price?Not a chance(my opinion only).So now knowing all this we still go ahead with the feasability study, when there is lost ground to make up.

Thank you for listening.

IAMS

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