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: NOT's MD&A

Anderson's departure does not surprise me as I do not believe that I saw a Warren Irwin company listed anymore as a major institutional or fund shareholder of NOT (CNBC August 2010). Could someone please confirm this.

Thanks

geoprof

PS Another exploration strategy for NOT is to acquire one or more promising mining properties elsewhere.

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