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: Old drill results from 2005

In the mean time I am getting to thinking that Noront is satisfied at not getting 'Rush Assays' back as quickly as they should be cause it gives them more needed time to get much planning and deal making finalized before the next big run up in share price.

Not convinced of this Joe. When I talked to Mr. Novak, he was checking the status of the assays every 2 hours. This guy is very excited about this project and every result is part of a piece of puzzle that has him on the edge. He has been doing this for over 2 decades and this is probably the most exciting project he has ever been involved in. To suggest that he is happy about delays is wrong IMO. When things get too slow, he calls the lab up and asks what is going on. Another reason to not delay results is that the higher share price makes life easier for them on many levels. There is also the matter of it being illegal to delay results.

Glorieux

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