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: Market needs confirmation of original results

This news release raises doubts as to the accuracy of the original assays that made Noront go up in the first place. The company really should have made it crystal clear that those 5% + Ni, and PGM assays are indeed real.

I have been in this stock a long time and will hold, but my confidence has been severely shaken. I know Noront has something great from those first core photos, and that they say the problems are since January, but this needs to be spelled out to the masses.

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