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: Noront CEO shortlist
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I don't know who, but a candidate has been chosen, a preliminary offer of employment made.

The only hint ... background: advanced exploration & mine development, not stock promotion

Negotiations are taking place; the candidate is playing a little hard ball

Suggested expiration of negations is month end

info garnered from a conversation with both co-ceo's @ PDAC

Hg





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