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: KWG, Noront keen on buying Cliffs' Ring of Fire assets

Yes I do hope for consolidation Some Day and understand most of the reasons for it but we have more immediate topics to discuss now.

Namely EA's approval, native's wants defined and agreed upon, what transportation path and means, access to power. After that financing for construction.

These are just the most important ones imho.

Chromite as far as Noront is concerned is on the back burner.

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