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: First Nations want to get involved in rfesource ownership

Interesting piece of news on CBC to the effect that several Saskatchewan First Nations are working with pension funds and Chinese investors to prepare a bid for Potash Corp. I think it would be great if this works out, retaining significant ownership in Canada.

This will no doubt get Northern Ontario First Nations at least thinking about ownership in the Ring of Fire. We may have a local partner yet!

Best wishes, O.F.

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