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: Eagle Hill- shell company? web page mostly "under construction"
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Hi, RR-

My concern is that Noront may well feel like they've *made* the disclosure with the NR on the WF deal. My bigger concern is that if the company feels free to do this with WF, there is no reason to think that they won't do the same with *any* of Noront's other assets.

I agree that we should wait until the end of this month, giving our new CEO the benefit of the doubt. By that time there may be more data available on Eagle Hill, too. And I do understand that the strength of Noront's technical staff is in nickel, not gold, so that should be their focus.

GLTA

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