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: Looking Forward

To make it straight forward, Noront seems to hold impressive visuals on further holes and they want to treat some people and institutions first before releasing them. None of stock options at $.62 were granted to the existing member of BOD. Often I saw the insiders also participated in PPs. Noront responded they would release visuals on hole 50, 51, etc when reporting assay results on hole 49. Then updates on hole 50 & 51 were omitted in the last NR and replaced by PP announcement. IMO.

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