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: Just a quick note regarding Chromium and Noront...

Noront was looking for the Canadian + overseas markets and Cliffs was going for the U.S and overseas market. I think both companies will sell chrome. Just like any other operation. You can have all the product you want but its the buyers that make you money. Noront will find buyers and Cliffs has buyers. Everybody will make money. There is room for more than one mine and company to compete. Its all a matter of who can give the best product and price worldwide.

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