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: True North Strong and Free
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Right you are, CT.

If an announcement had been made in June to proceed with a transportation route in to the ROF, they would start to move equipment in right after the new year. This would likely cause our SP to peak, short term, around the middle of March, 2012.

An announcement of the same in November will likely create the same scenario.

Best regards

K

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