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: NEWS - Noront Receives Analytical Results Eagle One Deposit - 6.88% nickel, 5.05% copper, 2.53 g/t platinum, 14.07 g/t palladium, 0.39 g/t gold and 15.1 g/t silver over 10.6 metres

If the company remains as a single unit, it is a lot easier for Windfall money to be used for further exploration funding in ROF, without ever having to worry about a PP. In the meantime, the $50 mil in the bank can hold them over, given the estimated monthly burn rate of $3.5 mil

Now that makes some sense..:)...Don

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