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: One of the strongest business cases in the industry ever due to....
- low interest rates - acquiring worldclass deposit for only 27 M - Nickel and PGMs to start with - RCF, the money machine, and Baosteel as partners - best jurisdiction after Australia :-) - long term retail shareholders, never got nervous - high expertise at Ministry, easy to underestimate - billions in the ground (worldclass) if not tens of billions in the long run - administrative and tax solutions already prepared for former owner - cycle of economy, time to invest - availability of skilled employees is high - all knowledge for mine construction set And we will never have a DevCorp old style.
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