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 Announces Additional Drill Results at McFaulds Lake
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"The reader is cautioned" Huh? The reader is always cautioned, it is an industry standard.

Interc. Ni Cu Pt Pd $/Ton
% % g/T g/T
10.3m 1.02 0.23 0.31 1.47 227
12.2m 0.89 0.34 0.39 2.04 229

Average of 0.4% Ni alone = $65/ton while 0.6% Ni = 98$.

They have another resource, just have not hit a major vein as with Eagle's Nest.

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