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: Gas & Chrome

You state "And Noront wouldn't and couldn't compare this deposit to another profitable Chrome mine, if the info. wasn't based on excellent knowledge and intrepetation of the Chrome deposit."

But Noront is comparing the 'type' of mineralized deposit and it's fair to point at existing mines with grade and consistancy similar to what has been drilled by Noront.

Noront has not stated any figures as to the size of the deposits drilled. They can't as THEY DON"T KNOW!

Sorry, but the fact is, deposit size, is a guess, maybe even go so far as to say 'educated guess'. As guess is replaced by drill cores/assays our share price will follow and how high it goes remains very much a guess.

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