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: Consolidation
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Been There............Maybe NOT needs to digest recent acquisitions that included all of

CLF's properties plus 14% of KWG's shares including Debut Diamond.

If one of the big players comes in and does the consolidation of KWG & Noront i would

most definitely welcome that with open arms.For Not to do it at this stage might give it

indigestion.

GLTY and all.

Fossil

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