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: Proxy,

"I don't think it will work to mail the form directly to her."

Right. But I sent a copy of the forms to Ingrid as well, so that she has knowledge of the identity of the mandator that she represents!

- Ms Babjak please?

- Yes, sir...

- I have proxies here on my desk totalling 5 million shares beneficially held by...let me see... a certain "Barbu Beatnik"? ... Mr BarbuBeatnik, correct, from the belle province next door... Is that right, Ms Babjak?

- Errr.. Yes Mr President... He is kind of weirdo and dresses like a lousy pirate, with a weird black beard, and fuming hairbutts... and...

- Allright, Ms Babjak. I do not want to know his degree of sanity. I only want to confirm the shareholder's presence.

-Yes, sir. I confirm.

-...And are you also representing a certain 'Bonhomme Carnaval', that one from... Quebec City...?

- No Sir. I certainly have nothing to do with that crook.

GLTA.

BaBE.

(Just kidding for the 5 millions shares... Dreamin' only!)

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