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: Looks like alot are now gone....

Consider it the dead calm after a hurricane has passed. The amount of NR's we've seen recently is off the scale and should not be taken as "business as usual". Most all the action is over on the FWR board now, as they try to mount opposition to the CLF offer and the upcoming vote in January. The Noront crew expended a huge effort mounting the takeover attempt and they will get some well-deserved rest now over the holidays.

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