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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The big news is not values per ton, or how many tons, but that Noront is considering doing the mining of Eagle One themselves.

That would make the new release's headline make sense: "Another Windfall for Noront..."

I take that to mean: another project for Noront where they themselves would sell the ore into the market as they probably will do at Windfall.

Our huge positive black swan is developing, but so far it is not recognized as such.



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