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: Deep drills (huge sigh)

Well, the deepest mineralization reported is 976m so we still don't know what is below 1200. However, there has to be movement of resource from the inferred status to the more certain "indicated" status. An increase in grade is positive. We shall see whether there is an increase in tonnage due to this hole. They are admitting operational problems with the deep drills, which may mean they need more money. I think we need continual updates like this to keep us in the media and reinforce this deposit to the investment world. It is far better than silence.

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