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: some news

As per the N/R Noront is supposed to be in possession of the re-assayed results today.

SGS is processing the Noront requested retests and is planning to have all remedial work completed by Friday May 2nd, 2008.

As important as it was to have Noront release news and Richard speak about the lab issues, it is equally important to have this news release issued by SGS. This officially clears the air with respect to the issues that were specific to ther lab and absolves Noront of any wrong doings.

Now that the slate is offically clear, we can expect to see some news very soon as re-assays should be in hand. The likelihood of these results not passing QC/QA protocol are slim to nil.

Bring it on Richard!

Cheers,

Milsy1

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