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: Do these guys even exist???

Do these guys even exist???

posted on Jul 24, 2009 10:14PM

Monteria Expert, the company's underground contractor, plans to install surface facilities over the Christmas break in anticipation of commencing the ramp by mid-January 2008.

On November 13, the surface contractors, Inc "Norascon" of Amos, Quebec, commenced stripping of overburden at the portal site. Norascon will install ore and waste pads, settling ponds, access roads and the initial ramp slot. Norascon has adjusted its work plan to complete this work prior to the Christmas break. Early completion is contingent on reasonable weather conditions.

Monteria Expert, the company's underground contractor, plans to install surface facilities over the Christmas break in anticipation of commencing the ramp by mid-January 2008.

The mining contracts are being supervised by Genivar Inc., Noront's engineering and technical consultants.

The exploration ramp is planned in two phases. The first phase will investigate three zones including the NOT-06-100 area. The second phase is contingent on the success of the first and is designed to test five additional zones.

Noront completed the 2007 surface drilling campaign in early November and is currently completing logging and sampling of the core.

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