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: are we out of the abyss????

Noront has drilled over the last 4 to 5 years well over 200 holes at Windfall, some up to 800 mtrs. depth, tens of thousands mtrs long.

The geological structure of the discovered gold zones seems to be very complex, but saying that nobody at Noront knows what's there is too far- fetched imo. I think they have a pretty good idea about the direction (depth, width, boundaries..) of the gold veins. The ramp will indeed enhance the understanding of the mineralized system but will in first place serve Noront to formalize a resource estimate. Helium



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