Wasserman

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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donypee

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Wasserman

posted on Jan 04, 2008 06:00AM

With respect to the McFauld’s Lake camp as a whole, many attractive targets exist on the land of

various companies. It is expected that more than 15 drills will soon be active in the McFauld’s

Lake “Ring of Fire” throughout 2008. This increased exploration and drilling activity could require

investment of more than CAD $250 million over the next five years. Since Noront’s discovery

was made, more than CAD $23 million has been raised for a various companies to explore their