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: One more thing...

Given that RN has on several occasions made reference to mineralization in proximity to Eagle 1 and several of the drill holes, starting from #3,4,and 6 were drilled with expectation of making a hit on mineralization, there are a few speculative conclusions that are within reason. A few I keep coming back to are:

1. RN is continueing to court the two companies with property in very close proximity to Eagle 1.

2. The Geophysical work and drill cores in these holes continues to intrigue.

3. The rock in the immediate area is continueing to pose a challenge with respect to surendering its full character to close scrutiny. This suggests that every other area play can and/or are experiencing similar data collection issues. Todays Assay results suggest/support this point.

4. The area must have been worked and reworked geophysically over the eons causing reformations, implacements, depletions, alterations, etc. throughout the entire area resulting in zones of well preserved mineralization as found in Eagle 1 and several (to be determined if several will eventually become MANY) other places, as demonstrated by a few other area companies to date. These Zones then being interwoven with very much rearrangement of much of rest of thesurrounding rock material. The result being difficulty getting a sense of patterns and regularities that will permit ease of discovery of the full extent of each mineralized zone. Thus, the "Very Irregular" statement.

The very good news in all this is that there appears to be very much excellent to good mineralization throughout the area to be revealed and RN is willing to be most cooperative with those other companies should they be willing to learn from the Noront experience.

Cooperation and coordination are, to my way of thinking, the best and QUICKEST means of identifying the true and full value of the entire "Ring of Fire". No more one-up-manship (unproductive or costly competition) and swagering will reduce costs and both speed up discoveries and ever increasing value, FOR ALL (companies and individual investors to the exclusion of the gamblers and hot shots).

Old Joe

PS: Healthy sparing on the Forum need not be supressed nor unwanted spaming and bashing, in any of its forms, need be accepted.

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