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: Coming months-60

Ringer that is a very good catch. It could be that Matawa / Province / Feds agreed that Matawa would deal with Feds on the road as part of a Canadian Infrastructure Bank / reconciliation package. Once the road piece was handled, Matawa would negotiate with the Province on the actual mine and revenue share, with Fed as a backstop.

I agree with you on the timing, Covid cover for the spend on the road as part of infrastructure stimulus, climate change/electrification for the expedited permits on the actual mine. Dominoes falling.

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