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: NPV calculation

Link to the updated PA from september 9th
http://norontresources.mediaroom.com/index.php?s=43&item=97

Link to the "SIGNIFICANT resource increase"
http://www.norontresources.com/News/getDocument/notpr-2011.03.04.pdf/254

What can be read there;

The planned infrastructure includes an all-season road, power line, and winter roads during construction. This infrastructure will benefit other companies and local communities. Although the Project could carry 100% of these costs, the PA assigned 25% of the all season road, 50% of the power line and 50% of the winter road costs against the Project.

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