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: $400 million in savings,were will they spend the $400 million now?

Unless a pellet powered plant is in the works for the Ring's region, ex. Nakina, this topic of pellets has nothing to do with us.

The pellet utilization in Thunder Bay is only for that city and adds little power even for them. Please reread the notice. It is a political move instead of a practical one.

Political in that it postpones a needed decision for which our politicians are incapable of or simply neglecting their duty to the citizens.

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