Properties: Norton Lake

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Drilling and Assays

A recently completed 3D conceptual modeling of the massive sulphide nickel-copper mineralized zones at the Norton Lake deposit has identified what appears to be a separate sulphide lens near surface and adjacent to the main lens approximately 15 metres due south of the deposit. Assaying of historical drilled core lead to the discovery of this second lens which lies beneath the main known lens of the deposit. Historical core drill hole U-4 intersected semi-massive pyrhottite-chalcopyrite and stringers of sulphide from 85 metres to 98 metres. As well, historical core drill hole U-14 also intersected this lower lens from 121 metres to 130 metres. This lens was not included in the 2009 NI 43-101 resource calculation.

Norton Lake Ni-Cu-Co Deposit Mineral Resource Estimate reported at 0.3% Ni cut-off
Category	Tonnes	Ni Grade (%)	Cu Grade (%)	Co Grade(%)	Pd Grade (g/t)
Measured	1,769,721	0.67	0.61	0.03	0.46
Indicated	488,933	0.67	0.61	0.03	0.47
Total	2,258,654	0.67	0.61	0.03	0.46
Inferred	198,571	0.66	0.59	0.03	0.47