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: I called Joe

I gave Joe a call this morning after reading this story. Joe is a very nice guy and was very pleasant to speak with.

He told me he is an editor only and did not do the research for this article.

He mentioned that the researchers at the company got the information from a conference call with Cliffs.

He was not aware that Noront, KWG or Probe existed and was very surprised when he went on the Noront website while we were on the phone.

I spoke in depth about Noront and Probe and KWG and he took notes.

I am sure he will be discussing this with the research dept.

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