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: Moving Forward...

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Now one could look at the rumor of step out drilling hitting bigtime and do a work up on tonnage, lets just say we've done a 100m step out and intersected as much or more, that would/could give a width of say..200 meters, for modelling sake lets use the 200 for length as well, so now we have a deposit thats 200 x 200 x 437 (dual zone inclusive) x 4.5 for density. 200 x 200 x 437 x 4.5 = 78,660,000 Tons

If we get a quarter of that we should see $20 as per my post. If we get your tonnage number and maintain 2% nickel grade...WOW, no wonder everyone and their brother in law are pilling into this one!!

Glorieux

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