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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RCF is now largest shareholder with 41,425M share or 18.19%OS according to RCF announcement in link below. Baosteel is still sitting just below 10% with an option to increase its holding to just below 20% since early May 2012, but it's still dawdling. Don't know why. Perhaps, RCF is its proxy and can play kingmaker?

http://www.newswire.ca/en/story/972635/resource-capital-fund-v-l-p-acquires-additional-shares-of-noront-resources-ltd

goldhunter

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