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: Purple Monster
Diamond drilling in the Fall of 2008 indicated the presence of a narrow zone of massive mineralization some 40 metres below surface on the eastern contact of the C-1 serpentinized peridotite target with the older granodiorite basement. This sulphide zone returned high nickel and PGM values very similar to Noront's Eagle One discovery, indicating the possibility of more such mineralization in this environment

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