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: Quite Frankly...

Milsy1, you said,

"although I know it is not likely to happen, I would love to see Noront drop a stellar news release on the market to take care of the grunts like Kermit and the cronies'

I'm going to optimistically disagree with you, Sir.

With the new drill on site, capable of 1500 metres, and the wedge directional technology, I believe we have a good chance of a major new find below E1c. Perhaps good enough to generate a halt, or at least an unexpected NR, achieving exactly what you suggested.......taking care of these "despicable characters".

Wishful thinking? Maybe, but reasonable in my opinion, considering 4 drills working, a collection of experts on our team, and the fact that the millions of tons of ore we already have, had to come from somewhere.

Holding with confidence, Canseco

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