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: $8.3 Billlion ........ and counting....

Man oh man. Are we that dismayed. No chatter at all. I guess they have almost won.. :)

Just thought I would put out a reminder at todays prices of what we have found down there... Keep in mind this is only what we have in assays to date... We are still waiting for the assay that says 1400m to 1945m 2.65% Ni, 1.5%Cu, 28gpt Pd,10gpt Pt....

New Resource
Tonnes Cu Pounds Pt Oz Pd Oz
Indicated Ni Total Pounds
Massive 1,300,000 5.31% 2.16%
Disseminated 6,900,000 2.04% 309,672,000 0.95% 144,210,000 320,357 837,857
Infered Massive 300,000 4.60% 1.87%
Disseminated 5,800,000 1.42% 181,192,000 0.87% 111,012,000 165,714 704,286
To 1350m Extra 1,500,000
Prices Total 490,864,000 255,222,000 486,071 1,542,143
Ni $ 10.88 $$ $ 5,340,600,320.00 $ 1,010,679,120.00 $ 859,860,357.14 $ 1,090,295,000.00 $ 8,301,434,797.14
Cu $ 3.96 Total Change 3.60 3.27 4.26 3.98 3.66
Pt $ 1,769.00 % of Total 64% 12% 10% 13%
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