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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also very positive

Jeremy Niemi, Noront's Vice President, Geology notes; "We are very encouraged by having confirmed that the Eagle's Nest is in fact a single continuous zone from surface down to below 1,000 metres. Along with expanding the limits along strike and at depth we are also specifically targeting the massive mineralization, which is showing indications of being a single, consistent zone with a predictable orientation. Exciting times for the Noront exploration team."

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