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: the wild card

Nickel is where it is for Noront now. Part way through our nickel project, chromite will come on provided Noront will still own it.

Vanadium, and what ever else we discover in the mean time, will follow the previous two.

This company is a cornucopia of mineral assets. That is why we hang onto it because it potentially has a long and rich future.

Cheers.

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