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: Spoke to Noront today

Hey Kids, 3 weeks ago I told you that I was speaking to the corporate communications manager of Noront. I emailed her today and asked if we are still on schedule for the feasibility study to be released within one to three weeks from today and she told me YES! This is actually what she said, "We are currently on schedule and implementing final numbers - should all go accordingly we will be right on track.

Things are so quiet on the front lines right now that it's painful but I think we should see some movement once that report is released and Noront starts shaking the trees to get things moving.

I know it's hard but hang in there. Hopefully the fall will bring some renewed energy. I believe the Toronto Ex starts this week and we all know that is the signal that fall is right around the corner.

Happy Trails,

Tequila Rose.

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