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: CBC report 'inaccurate' — Cliffs

Windfall sale brought us little cash while we had good indications that it was a good property.

If we were still in posession of Windfal there is no reason for us to spend any cash on it's exploration up to now. We are concentrating on Eagle's Nest and once it was producing ore and income we could have developed Windfall. Presumably that is what we will do with our chromite ore and it's funding. We could have done same with windfallndications that it.

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