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: Christmas money??

I forgot to mention that for Joe Hamilton and Paul Parisotto..they were also give extra options for being co-ceo before Wes Hanson was hired.

They actually have an additional 200,000 options that expire Nov.10, 2013..so that makes it 500,000 each. So, if the share price hits 90 cents for instance ..that's a nice 50K each.

As for Wes ..I thought he left at the end of Dec. but I noticed on Sedar that the actual date was Jan. 18, 2013 so his remaining options are good until Jan. 18, 2014. Notice the consulting agreement expires Jan.30, 2014?

Wes Hanson became Chief Executive Officer on June 2, 2009 and ceased to be CEO on January 18, 2013. In accordance with Mr. Wes Hanson’s employment agreement he was paid a severance of $275,000; Mr. Wes Hanson also entered into a consulting agreement with the Company, which expires on January 30, 2014, for which he was paid a retainer of $137,500

Wes Hanson has these options left. They are good until Jan.18, 2014, which is 1year from leaving the employment.

1,000,000

100,000

333,333

111,111

111,111

0.62

2.09

0.88

0.46

Jun 29, 2014

Dec 11, 2014

May 5, 2016

July 17, 2017

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