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: Noront stock jitters are not only Wes inaction but ...

Fellow Noront Shareholders

I like many of you have held this stock for a long time with great disappointment. What we have in the ground vs the stock price is insane! However its not unique to Noront as a lot of juniors right now are trading at insane levels. This is not a market friendly to juniors plain and simple. I hold 2 other juniors which are years ahead of Noront in the permitting process, literally months away and they are trading at the same " insane valuation".

We will need a buyout offer to increase our price or at the very least an infrastruture announcement.

We need a LOT of patience with this stock.

Cheers

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