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: Hole 2 massive?
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This is what should have been expected as the description of the hole was that it was similar to hoe #1... only a small massive intersect... # 5 is likely to be multiple of this grade.....JMHO

Hole NOT-07-02 as previously announced (see news reported in Stockwatch Aug. 29, 2007) was drilled from the same drill collar location as hole NOT-07-01 with an initial dip of minus 65 degrees. This hole entered the mineralized zone at 91.3 metres core length, undercutting hole NOT-07-01. The hole intersected 72.9 metres of mineralization, the overall tenor of mineralization in the second hole is similar to that of the first hole, however a massive section of pyrrhotite and chalcopyrite over 1.93 metres (104.67 to 106.6) has been observed in the second hole and was not seen in the first hole.

Hole NOT-04-05, observed to be the most significant hole to date, was positioned 50 metres to the northeast of holes NOT-07-01 and 02 and was drilled vertically at the peak of a magnetic anomaly to ascertain the magnetic body's more precise location. After six metres of overburden and one metre of limestone, peridotite with interstitial chalcopyrite, pyrrhotite and pentlandite was encountered to a core depth of 47.4 metres. Between 47.4 and 112.6 metres massive chalcopyrite, pyrrhotite and pentlandite was observed. Then from 112.6 to 123.3 metres peridotite with interstitial chalcopyrite and pyrrhotite was observed. Between 123.3 and 124.4 metres, another massive section of chalcopyrite, pyrrhotite and pentlandite was observed. The hole then remained in peridotite until 127.4 metres core length, then entered granodiorite until the end of the hole at 143.4 metres

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