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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21,000

0.425

0.450

5,000

29,000

0.420

0.460

50,000

27,000

0.415

0.470

5,000

20,000

0.410

0.480

5,000

5,500

0.405

0.490

5,000

12,000

0.400

0.495

10,000

3,500

0.395

0.500

48,500

24,000

0.365

0.520

31,500

10,000

0.355

0.530

125,000

12,000

0.320

0.540

35,000

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