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: Re: Ring of Fire sparks Chinese interest in mining

"...did they JV with someone ,because the whole area has been claimed for a few years now ,they did not buy any one out or it would have been big news . what is going on ..."

Kind of weird, B-jay. If they purchased their claims from a prospector, the latter is certainly not listed, otherwise we would have been PRd. I recall that there are a few private stakers among the RoF property holders. I will try to dig a bit on that... I'm not an expert at all on how do the chineese shop their ore, but I do not recall having heard of a direct drilling contract being signed on a 100% chineese-owned property. (I may certainly be wrong and outdated, like I feel I am everyday with scans, tweets, textos, uploads and downloads... and ...cloud storage!!!??? Wow!)

Anyways, Noront's management cannot have remained unaware of these chineese claims picking and of the drilling to come... Perhaps it is a good thing for all of our RoF portfolio positions. One more spotlight on McFauld Lake area cannot harm. Quite a big one, I guess, this time...

GLTA.

BaBe.

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