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 Luncheon - part 5

Hi, QQ and great job on the reporting. As you know, we shot a lot of video and plan to have the most important parts up tomorrow, including conversations with both Neil Novak (examining the core) and Richard Nemis (post-lunch commentary).

We also taped the video presentation but were advised the luncheon version could not be shown due to royalty reasons ("Ring Of Fire" was playing throughout the entire video).

However, we are sending a same-day courier down to IBK tomorrow morning and should have it back in time to post for everyone here. It is the exact same video, without the music.

Thanks again for a tremendous job and great seeing you again.

Regards,
George

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