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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Of 3,620,000 of 17 cent options granted recently to directors and employees

only 200,000 are shown on Insider Report as being assigned to D.A. Thomas.

Are they waiting for Santa to deliver " who's been naughty and who's been

nice" list?

Santa, I can vouch that all long suffering shareholders have been nice.

GLTA,

Fossil

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