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: we are currently 1/3 or 1/2 of voiseys
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My understanding is that Inco's Voisey's Bay deposit is currently estimated at 141 milliom tonnes of 1.6% nickel.

The grades are higher in the ovoid but lower in the eastern deeps.

As a significant shareholder of Noront I am cheering them on. However they have a long way to go to be compared to Voisey's Bay.

It took over 160 drill holes to fully define Voisey's and they are still drilling. So these are very early days for Eagle One.

The deposit is open along strike and at depth. We still have drill results unreported.

This winter will see drilling to 2500 M.

All I can say is that I will not be selling my shares any time soon.

Things may change significantly by Dec1.

The Big Score is mandatory reading for anyone invested in the RoF. Very appropriate to the situation in the RoF.

SN

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