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: Width of Blackbird One and Two? (please help?)

No question but Chromite is one of the keys to unlocking value in the ROF but it's going to take time and money to proveup the size/composition and value.

The earlier comment by Dick Nemis that Majors want to see 30 million tonnes before they'll sit down and talk means they do want more but recognize their best deal is to buy in early and pay to prove up the 'economic' amount required to fund infrastructure and a mine.

Noront and the others in ROF will get the best 'deal' depending on how much they can prove/infer when everyone sits down to hammer out some arrangement.

One thing for sure is that when such a deal is struck the E1 and E2 deposits suddenly become immediately valuable since infrastructure to support their mining is guaranteed.

Sure would help everyone in the ROF if the Federal/Provincial Government stepped up to say what they'd kickin towards all season road. Somebody should be putting pressure on them to speak up.

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