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: Very loud silence

The lack of any news has always irritated many of us over the last couple of years, but recently it is becoming very noticable.

In the past we have always had an announcement of christmas break, and then a similar one when the winter program started. The startup release has always included an update describing what was hoped to be accomplished with the drills over next three months or so.

Instead, we have a drill program that was completed on the chrome in October, and needed about 6 weeks to get assays returned. we also had a local drill program started and completed by mid December, which would have seen assays returned by about now. We have seen the Vancouver conference come and go, with little news from it, and now this week there are no calls being taken, as the powers that be are ensconced behind closed doors.

And 92 days to go.

Best regards

K

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