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: Financial Post or Financial Crap? - you decide
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You gotta love irony.

One of my paragraphs stated an incorrect date:

"..Until I went to SEDAR and found that what was officially submitted by Noront as a retraction also requires a retraction as the date stated is July 9, 2008."

This should read:

"..Until I went to SEDAR and found that what was officially submitted by Noront as a retraction also requires a retraction as the date stated is December 9, 2008."

The reference to July was a subconscious wish that it was not minus 29 here at the moment and that it was July. Sorry for any confusion this may have caused.

The year for the date in the retraction is still 2008. A look at www.sedar.com will confirm that.

If one re-reads the Noront NR with a 2008 date in mind as stated, the NR looks a lot worse as it appears we have a mine, we released a mine life and revenue projection a year ago and have been forced to retract this now.

Where is the gong?

M1.

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