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: news related to noront magnetic anamoly signature

news related to noront magnetic anamoly signature

posted on Oct 13, 2007 06:51PM

hello friends,

you all know me if you have been on this site a while, so i am not touting the below but it is very relevant to noront and of course directly includes noronts double eagle. on the probe agoracom site i asked agoracom to ask probe management the following question (actually this and others) but this is the noront key:

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Q. Does the magnetic anomaly signture from Noront's property extend to Probe's property.

A. Interpretation of regional magnetic data indicates 5 additional magnetic anomalies surrounding the Noront Discovery, which are similar in size and shape to the Noront anomaly. Two of these anomalies lie completely within Probe's property, while a third partialy straddles our boundary. Although the data does not indicate the geological source, Probe believes that the potential for peridotite intrusives is strong, given their proximity to the nickel-copper discovery (less than 800m). The data does not indicate whether these are unique anomalies, parts of a larger continuous system at depth or any other possible scenario. In order to answer these questions, the anomalies will have to be drilled. Field programs are expected to begin in the near future.

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now the following are my comments (jsq), i can not get rid of the blue so realize the following are my comments not probe mgmts or agoracoms.

anyway, this further validates the idea that their is more drillable anamolies in the immediate area of the original success. this is what i have thought all along but this is now quite clear.

yes my wife and i own a large block of probe, as an area play which we bought recently and we own a much larger block of noront which i have owned since the windfall lake announcement time frame.

great news for noront as it owns a ton of land in the area, certainly after the recent staking rush, they are the big dog in the double eagle area. i believe noront mgmt is thinking what i am thinking, that this is a

A LARGE CONTINUOUS SYSTEM AT DEPTH.

if this is true noront's double eagle and other land will dwarf voisey's bay.

only time will tell, but look at the Post article today (i think this article is a key to understanding what is about to occur for noront). noront's comments indicate, to me, that they think they have something huge.

that is how i read it.

the more sites with great ore, the more chance a mill and infrastructure, will be built. so root for everybody. and yes my biggest block of stock by far is noront.

i know, only time will tell, the drill will either make or break this.

you all know which way i am betting.

be right and sit tight.

regards,

jsq

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