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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I think that Noront KNOWS what is there on that land. They would not give up the Chrome land easily. If they held onto that land and the JV stuff they could be an aufull thorn in Cliffs side WHEN they go to buy PRB. Seeing that NOT go beaten up by Cliffs on the FWR deal I would think they would have liked to be a thorn. So I think there is Ni on the land they got and lots of it. TTY

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