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: Signs of trouble ahead...the Ring of Fire needs the cold!

Ed, Having sat on local council for 10 years, I know from experience that many infrastructure projects are funded by a three way split. Usually this is 33% Federal 33% Provincial and 33% other (usually municipal ) but this could come from industry.I think this would be the case for road building to the "Ring" with NOT, Cliffs et al picking up the last 33%. This is just what I have seen but who knows, times being what they are. the deputy

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