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: A little note to the OSC

Note received from JJ yesterday.

"Thank you for your letter and interest in Noront. I appreciate your candour and your concern. However given that Jitney is a legal trading house used by brokers and/or dealers who wish to remain anonymous I don't know if the OSC or the TSX can or will do anything about it.

It would be appreciated if you would keep me informed of any response to your query.

Regards

Joanne C. Jobin."

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