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 Options Out the Inner Northern Rim Property to Passport Metals Inc.

I find it quite surprising that you would raise the question of joint venturing the properties at this time. This has previously been discussed and generally accepted as a positive step for NORONT. I do not have the time at my disposal to debate the question , but suffice to say that I totally support the idea. I am off to continue to enjoy the summer.

Regards

K

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