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: Conversation with Noront

No that wasn't the case but remember some of mineralization other than massive sulphide returned exceptional grades of metal.

Here is bottom end of Hole 28: Between 140.1 and 169 meters, peridotite was encountered, followed by mineralized peridotite to 175 meters. Net textured mineralized peridotite was then encountered and the hole remained in this rock unit until 202 meters.

We don't know what the grade of mineralized peridotite is but it does contain metals and assay result can't be too far off.

Another forum member indicated that given the location of this hole the feeling was that a maximum 10 or 20 meters more mineralization would be found. I assume this because of considering depth of other holes nearby probing this resource. So when Dick Nemis says 'it's more than 20 meters' and we'll be pleased when we see results we should pay attention.

Not only will the assay on first drill core tell us some numbers but visual on second might well extend the depth of ore body involved beyond what we know now.

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