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: My conversation with Richard Nemis

Take it one step further. 500 tons/ day using a 6-1 ratio of liquid/solid in a 4 inch line 50 km long, will require the slurrey to move at about 4 km /hr, 24 hours a day.

Obviously bored with the market this morning

K

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