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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My apology. I felt that we should see 4th Quarter and Year- End Interim Fin.Report

last week. I was wrong. Usualy these reports are interim. However this one being

year end maybe had to be audited first, IMO, before seeing light of day.

So it appears that little more patience will be needed before we know how much

Noront paid for CLF's camp as well as how much cash and cash equivalent are

available at the end of Dec 31/2014. Still hopeful that Noront will announce in the

next week or two some field activity commencing shortly.

GLTA,

Fossil

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