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: Re: OT: The Big Score-jRobert Friedland -QUESTION?

I do not think Rundle was questionning Mr. Nemis' integrity. I think he was alluding to the fact that he is a nice guy and that this may hinder us in negotiating a deal a la Friedland. That is how I took his remarks anyways. All of us here realize integrity is not an issue with Richard Nemis or anyone involved in Noront at this point.

Glorieux

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