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: Phone call to Spider Resources Headquarters

The next news release from Noront is going to have one heck of an effect on share price. If they are going to release 'visuals' on DE3 along with assays on DE2 then it's not a bad idea to have Niel up there reviewing the cores with on site geologists.

We are all on the edge of our chairs and while maybe something like the original DE1 magnificent cores will not be repeated there could be more depth to this report and it might be every bit as significant to market share price.

It doesn't seem like the share price has run high on expectation of great news so even good progress might be enough to move up to next level. Naturally we'd all love 'Great' over 'Good'.

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