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: the wild card

along with talk of Va etc. is how beyond the beyond the ROF is in terms of it's Sudbury plus potential. The lack of news and the ongoing perpetuation of this being no-mans-land with too much to overcome in politics, infrastructure and large scale interest has squelched investment on a more wide spread plane. There has been enough negative articling and posting, to say nothing of the general markets, to dampen enthusiasm and cause doubt about this investment......but I have to go back and shake my head at the large scale potential of this site and it's importance and impact on the mining world. Bearing this in mind, it will most certainly be a coveted land mass and will require the sharpest to hold on to it and develop it into a mine. If indeed Va was going to be something to scream about I doubt very much if our BOD would even be whispering about it.....for obvious reasons. Timing is everything.

I still feel that our price holding invites the possibility of unsolicited interest. We wait to see.

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