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: lets review timeline, this from NOT website

2014: The Province of Ontario committed $1 billion for Ring of Fire infrastructure development •

2015-16: The province, communities and industry collaborate on various studies and analysis •

2017: Announcement by Ontario of funding for the EA for community-led access road •

2018: Webequie and Marten Falls First Nations initiate EA permitting process on sections of the road crossing their traditional territories •

2018-21: Environmental Assessment and engineering work to be completed on routes •

2019: Highway 643 upgrade from Nakina to Aroland completed (20km) •

2020: MOA signed for development of Northern Road Link. Planned upgrade of existing Aroland forestry road •

2021-25: Construction of the road to communities and the Ring of Fire

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