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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As to our chances of work this year I hope not before ageements with FN and Govt. commitments otherwse raising money at these levels would lead to dilution. Noront has massive finds already they just need the infrastructure, drill when the money grows on trees. All we can do is wait and hope the amount of shares don't get to crazy.

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