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 is Toying with us becacuse they are all in right now.

News we've garnered since last Wed.

1) possible hole 50

2) possible 3 to 6% nickel at 450 ft or mtrs

3) helicopter flew out core from site for rush assay

4) Clarus and the like are trading NOT

5) Windfall fell.

6) day trader behaviors

7) FNC direct benefit, PRB and FWR perhaps not.

8) No E1 news since Hole 49, yet.

?? Anything else?

?? Has anyone haunted NOT offices to see who is coming in or out?

?? Anyone called Wes lately?

?? Current number of drills at E1?

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