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: Ring of Fire holds huge potential to share the wealth

Great reminder of the Economic Values. We should not loose sight of the many other benefits/opportunities that are derived by the ROF devlopment that motivate Federal involvement. Off the top of my head and certainly not comprehensive, they included:

North American resource security opporunity (Russia); Indingenous People, perception of our treatment on world scene greately improved through social benefits derived; Arctic souvernty initiatives (Russia) through transport corridor phasings; Continuing World Class mining expertise and; Enviornmental prestige through use of leading edge mining techniques.

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