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: Dear depressed shareholders.

Edgy

Some of us old Noront fans check in every now and then, but it always seems to be the same ol', same ol'...

Many are just plain tired of the guessing and wondering, and await assays or other news.

Long term Noront will prove up, but short term who knows? Games continue.

Other plays abound and are exciting, not demoralizing.

Someday NOT will be the winner we all hoped for so long ago. The goods are in the ground, but managment flounders. It's been a sad time for long time loyal supporters.

Wishing a very Merry Christmas and Happy Holiday to all of you. May 2011 bring many long awaited blessings to this fine Noront community.

jmho

Jacki

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