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: something interesting

(1) Dave Thomas from RCF is on the Noront BOD.

Mr. Thomas, P.Geo., is Managing Director (Canada) for RCF Management (Toronto) Inc. Prior to joining RCF in 2010, Mr. Thomas spent 15 years in investment banking as a mining analyst and institutional equity salesperson.

Mr. Thomas is a geologist with an Honours Bachelor of Earth Science degree from the University of Waterloo and a Master of Science degree from Queen's University.

As an exploration geologist, Mr. Thomas worked for eight years with Minnova Inc. and Metall Mining, exploring primarily for base metals in Canada.

(2)Pay attention to the companies Dave Thomas, RCF worked for in the past ...Minnova Inc. and Metall Mining.

(3) Where are these companies now...Xstrata.

http://www.mci.mndm.gov.on.ca/Claims/Cf_Claims/clm_cssm.cfm?Claim_View__Claim_Number=1164690

Recorded Holder(s) Percentage Client Number


Claim Holders

XSTRATA CANADA CORPORATION ( 100.00 %) 130679
Type Date Applied Description Performed Number


Transaction Listing

TRAN 1990-Aug-13 LO WU (E33270) TRANSFERS 100.00 % TO MINNOVA INC. (T556) FILE NUMBER: 90-335 T9040.30376
STAKER 1990-Jul-30 RECORDED BY WU, LO (E33270) FILE NUMBER: 1164686 R9040.30420
WORK 1991-Jul-19 $ 2,000 GEOTECHNICAL WORK APPLIED APPROVED: 1991-NOV-18 W9140.05023
MISC 1991-Jun-03 0.00 DAYS CONVERTED TO DOLLARS X9140.30018
MISC 1991-Jun-03 $0 CONVERTED WORK APPLIED TO THIS CLAIM X9140.30712
TRAN 1993-Oct-26 MINNOVA INC. (171184) TRANSFERS 100.00 % TO METALL MINING CORPORATION/CORPORATION MI (169899) T9340.00046
MISC 1995-Apr-20 CLIENT (176208) CHANGES NAME FROM NORANDA EXPLORATION COMPANY, LIMITED (NPL) TO MINES ET EXPLORATION NORANDA INC./NORANDA MINING AND EXPLORATION INC. X9540.00004
TRAN 1995-Feb-27 METALL MINING CORPORATION/CORPORATION MINIERE METALL (169899) TRANSFERS 100.00 % TO NORANDA EXPLORATION COMPANY, LIMITED (NPL) (176208) T9540.00010
WORK 1996-Jul-17 $ 1,200 PHYSICAL WORK APPLIED APPROVED: 1993-FEB-26 W9640.00375
WORK 1999-Jun-14 $ 1,200 PHYSICAL WORK APPLIED W9940.00160
WORK 2003-Jul-16 $ 400 WORK APPLIED W0340.01173
WORK 2004-Jun-30 $ 400 WORK APPLIED W0440.01053
WORK 2005-Apr-21 $ 400 WORK APPLIED W0540.00737
TRAN 2005-Dec-05 MINES ET EXPLORATION NORANDA INC./NORANDA MINING AND EXPLORATION INC. (176208) TRANSFERS 100.00 % TO FALCONBRIDGE LIMITED (130679) T0540.00337
WORK 2006-May-17 $ 400 WORK APPLIED W0640.00985
WORK 2007-Apr-30 $ 400 WORK APPLIED W0740.00830
MISC 2007-Dec-04 CLIENT (130679) CHANGES NAME FROM FALCONBRIDGE LIMITED TO XSTRATA CANADA CORPORATION X0700.00055
WORK 2008-May-14 $ 400 WORK APPLIED W0840.00962
WORK 2009-May-21 $ 400 WORK APPLIED W0940.01416
WORK 2010-Jun-08 $ 400 WORK APPLIED W1040.01343
WORK 2011-Jun-07 $ 400 WORK APPLIED W1140.01319
WORK 2012-Jun-14 $ 400 WORK APPLIED W1240.01664
WORK 2013-Apr-29 $ 400 WORK APPLIED W1340.01437


Claim Reservations

01 400' surface rights reservation around all lakes and rivers
02 Sand and gravel reserved
03 Peat reserved
04 Other reservations under the Mining Act may apply
7
Oct 01, 2013 08:05PM
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