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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Another coincidence?

(1)Darwin Private Equity LLP-Goldman Sachs

http://www.darwinpe.com/about-darwin/the-fund.aspx

The fund

The fund has £217 million of commitments from investors including Goldman Sachs, LGT Capital, Pantheon and RIT Capital Partners plc

Harjinder Johal is Head of Fundraising.

(2) X2 Resources-Goldman Sachs

http://www.telegraph.co.uk/finance/newsbysector/industry/mining/10038295/Mick-Davis-appoints-Goldman-Sachs-to-raise-funds.html

Mick Davis, who lost his job as chief executive of Xstrata on Friday when it was taken over by Glencore, has appointed Goldman Sachs to rise funds.

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