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: OT. Rumor, Rumour, Rumer On the Wall

Some posters expressed how they were frustrated with NOT's stock performance in recent days. Some high-profile brokers without revealing his/her identity could be much more frustrated as of last Friday and are now baffled what to do next. More than half of Friday's trading volume was sold by Anon, but sp moved up by 1 cent. At market opening, they started with dumping 20K at $1.47, but didn't have a chance to trigger stop loss trading.

House 1 (Anon)

2010-04-20

7,800

12,043

$1.54

282,700

437,701

$1.55

2010-04-21

17,100

26,035

$1.52

99,400

151,557

$1.53

2010-04-22

7,900

12,058

$1.53

156,500

235,803

$1.51

2010-04-23

13,100

19,760

$1.51

264,600

398,228

$1.51

Total Trading Volume: 450,337 shares on April 23rd

AT-12 has a good probability to yield surprising results. As weel FNC has been very active in drilling around hole-2 & 3 which is only 300-350 meters away from Eagle One. At least two drillings were completed and samples were sent to the lab. When I talked to Peter last week, he will take into consideration in releasing visual results from recent drilling.

NOT AT-12

As per the April 8th Hole 36 had 2.1m of 4.18% nickel and hole 37 had 3m of 4.71% nickel.

FNC C1-Target (only 45 meter shallow drilling)

The C-1 target, on the western edge of the property, is a part of the Eagle One intrusive complex and that a narrow section in Hole No.2 on its eastern margin, assayed 1.44% Ni, .08% Cu and .83 grams PGM's over 3.8 metres and included a 0.9 metre interval grading 3.52% Ni, 0.17% Cu and 2.96 grams PGM's between 41.2 and 45.0 metres in the hole. A grab sample from this section taken by the writer on a field visit ran 5.86% Ni and .69% Cu. FNC management believes that this istypical Eagle One type mineralization and management expects to see it at depth in the large C-1 target.

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