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: This NR... Previously reported holes!!!

Todays Nr....

NOT-09-049W1 791.1 979.5 188.4 1.67 1.30 1.13 4.24 0.22
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NOT-10-088 770.5 776.5 6.0 0.82 0.87 0.32 0.17 0.07
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NOT-10-089 518.5 594.7 76.2 2.34 1.07 0.92 3.26 0.21
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NOT-10-090 771.5 810.0 38.5 1.66 0.59 0.85 4.03 0.14

Aug 11 NR

EAGLE'S NEST DEEP DRILLING:
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The following Table summarizes the latest drill results at Eagle's Nest.


<<
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HOLE ID FROM TO INT. NI CU Pt Pd Au
(m) (m) (m) % % g/t g/t g/t
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Eagle's Nest
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NOT-09-049 EXT Abandoned hole - excessive deviation
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NOT-09-049W1 791.1 979.5 188.4 1.67 1.30 1.13 4.24 0.22
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NOT-09-079W2 Abandoned hole
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NOT-10-085 Abandoned hole - driller error, rods lost in hole
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NOT-10-086 No significant results
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NOT-10-088 770.5 776.5 6.0 0.82 0.87 0.32 0.17 0.07
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NOT-10-089 518.5 594.7 76.2 2.34 1.07 0.92 3.26 0.21
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Including 578.1 583.4 5.3 7.61 0.84 0.07 6.57 0.06
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NOT-10-090 771.5 810.0 38.5 1.66 0.59 0.85 4.03 0.14
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These holes where from the deep drill program. Why are they reporting them as part of the infill program? Any thoughts...

Also the latest deep drill results were 85 W1 and 85 W2. How were they able to do wedges from a hole that had the rods lost in it? Any thoughts on that..

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