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: Timing is about right

For my expectations of timing of the next release, I took the last release date (Tuesday the 29th,) added four days(the time it takes the new drills to cut through 200 meters,) from the date the second new drill started (and if I recall correctly that was Wednesday,) and added another working day to distribute the information internally.

The bottom line, I anticipate an NR based on visuals next Tuesday. The release of assay results is more problematic due to the unpredictability of ALS.

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