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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I've called and talked to Joan a few times now and she's actually very knowledgeable about Noront. Apparently she was on the US West Coast and European Road show tours with Kevin and Neil and was able to talk quite knowledegeably about the various projects and was able to tell me the current whereabouts of the drills and provided me with some relevant info regarding the financing (this was about two or three weeks ago). I have, however, been unable to get a hold of her the past few days and am anxious to get an update on the progress of the financing.

It is definitely a changing of the guard though since the BoD is sending a very clear message that they themselves no longer want to deal with the shareholders on a day to day basis. Not that this is ultimately a bad thing but it was definitely more reassuring as a shareholder to be able to get the goods straight from the horses mouth.

Looks like today will end not too badly so enjoy the weekend everyone.

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