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: Cliff yes ...or Cliff no....?

Does anyone have any idea what the drilling costs would be to go down 2500m? Would the costs be more expensive during the winter or the summer?

Hopefully Joanne's response in that the Markets are forcing the price down is accurate and we see some good grades and more volume proved for hole 64 very soon. If not, I would hate to see how low our SP goes down.

I think we are all getting a little concerned on our SP.

RockStar.

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