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: Fresh off the press from Daily commercial news - 6 projects

This sums it up.....6 projects

"Noront Resources Ltd is the largest exploration claim holder in the McFaulds lake area with over 117,000 hectares of mineral claims. Noront Resources Ltd currently has six projects in various stages of development. These projects are as follows: 'Eagle's Nest' (magmatic sulphide), 'Blackbirds' (chromite), 'Eagle Two' (same compositions as Eagle's Nest but at much lower grades), 'AT-12 Anomaly' (nickel & copper sulphide), 'Thunderbird' (vanadium, titanium, & iron), and 'Triple J Gold Zone' (gold)."

Six projects....it's not just about the chromite....from the above, with regards to Noront...chromite is really secondary.

I think Noront settled....to allow Cliffs to move their chromite project forward in exchange for huge savings on shared infrastructure. But, with Cliffs backing down on their environmental assessment and their recent defeat on gaining road access, this puts a new perspective on Noronts chromite (project 2).

Cliffs appeals will do nothing to stop KWG's from moving forward with plans to drill on optioned FNC's land claims...through Bold....just meters away....so close in fact that we have issues with respect to crossing over boundaries in efforts to drill. And they are seeking....and finding more chromite....apparently; lots of it.....and excellent grades.

This certainly brings Noront's chromite (project 2) back to life....with prospects perhaps for a joint venture....with savings on infrastructute costs.....right on their doorstep....mindfull that this will increase the economics of Noronts Eagle's Nest (project 1)

That's 2 projects of the six

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