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

It was 47 holes drilled.

The thing is the first two batches (15 and then 16) were reported in a timely fashion, 6 weeks or so after completion. The third, and last batch of 16 holes was completed in mid October ( 14 weeks ago) and nothing has been said about them. My theory is that they found something on the last few holes that changed everything and caused them to immediately initiate a further drill program chasing nickel, with a complete blanket of silence on everything.

I find it very hard to believe no one chose to question this situation at the Vancouver show.

Very intriguing, to say the least

K

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