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: Noront, Cliffs May Gain From Ontario Government Aid (Update2)

Until Noront and other miners in the region provide more exploration results, the government won’t make any commitments for further financial support, Flanagan said.

C´mon, Wes, show us some results !

Even the government is waiting !

Or is this your tactic to get to this point of help: dear government, our find is not big enough, yet. Can you jump in for support of infrastructure ?

Now, it seems to be ping-pong time:

Wes: find not big enough, need support

Gov: will help if find is big enough

This could go on forever, only solution : more drilling, more results, bigger find !

And that´s what some players are doing in the RoF, with Noront spending the most money on exploration.

We need more patience !

FANTOMAS

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