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: IS THE FN EFFECT A SHOW STOPPER?

The FN action of last winter was designed to bring attention to their position with respect to the ROF. It was directed more at the authorities concerned, rather than directly at the companies involved. The recent agreement reached by Marten Falls, Webequie, and the Ontario Government will likely forestall any need for further blockade actions this winter.

best regards

K

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