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: Tau - Give your head a shake!

1. Some of the drilling in the last two months was designed to meet the minimum requirements for a preliminary resource estimate and specific gravity measurements have been obtained from the drill core as required by the Company's independent consultants. Fill in holes within the known mineralized body are necessary in order to comply with NI-43-101 guidelines for resource estimates.

This will give us a bottom line share price to move up from.

2. Ground geophysical surveys are being compiled and are under review, focused on the Eagle One occurrence and its immediate surroundings. Several airborne anomalies, with geophysical attributes similar to the Eagle One occurrence, have been identified in the preliminary presentation of the Aeroquest airborne data. These anomalies are located to the south and west of the Eagle One occurrence as well as to the northwest, all within 5 kilometers of Eagle One. Each of these anomalies will be detailed by ground geophysics prior to drill testing.

This will give us tonnage and launch us to the moon.

3. "The Eagle One occurrence continues to display consistent high grade intersections of Nickel, Copper, Platinum and Palladium over quite impressive widths. The southerly stepout assay results in hole 19 confirms that the Ni-Cu-PGE sulphide zone continues within the southerly striking peridotite filled conduit. We will keep on tracing this to the south and to depth after the Christmas break." states Richard Nemis, President and CEO of Noront.

The resource we have proven through the drill just won't quit.

With this said watch our slow but certain climb up in valuation once the tax loss/profit season is done. There is just to much potential to ignore this stock.

Keep the Faith

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