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: BOL FNC

"Eagles nest is very close to FNC and IMO Whoever mines needs this if only for access. Just my opinion."

It's a bit of a past, present, future thing. If it was a future thing, I would suggest it would be good for Noront to have that property. If it was present, and someone was deciding, I would think maybe we should be looking at it.

It is, though, a past situation. It is already done, which makes it a shoulda, and I have had far too many shoulda's in my time.

I reiterate, if Noront had a local hit other than eagle1, the first thing Wes would have done was take out FNC. They didn't.

Best regards

K

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