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: CEMI symposium focuses on Ring of Fire

Babjak,What you speculated about the intention of Rio taking out Cliff make much sense to me.I recall a few years back when the company had to fend off an ambitious takeover bid by BHP and no doubt that they should wish to make themselves too big to take out after Ivanhoe mines and Cliff plus the ring of fire.

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