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: BAOSTEEL RESOURCES TO ACQUIRE 9.9% INTEREST IN NORONT

Of cource the SP has been suppressed to do this buyin. That is how it is done. Nothing new here but it looks as though our chromite will have some value again. They may not have been able to break shares free from owners and had to buy in officialy.

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