EXPLORATION HIGHLIGHTS

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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EXPLORATION HIGHLIGHTS

posted on Oct 16, 2008 12:56PM

Blackbird One

averaging 39.8% Cr2O3 containing 27.3% Cr and 15.7% Fe (Cr:Fe ratio of 1.7)

Additional nearby discoveries by the Spider/Freewest/KWG joint venture of 48 metres of massive chromite located only a few kilometres northeast of Blackbird Two, along with Freewest's recent discoveries of 100 metres of chromite that included 60 meters of massive chromite

Noront and other Companies that continue to drill in the ROF area are now delineating a potential new chromite belt that is still open at both ends along strike and to depth, where the ROF continues on ground wholly owned by Noront.

Preliminary discussions are underway between the four companies (Noront, Freewest, Spider and KWG) that are actively exploring for chromium along this new belt,