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: April 1st

I believe you are talking about the Environmental Assessment. The provincial government put an April 1st deadline on this. Hopefully they can stick to their dates in light of the recent property transactions. Once this EA is approved, the road study should commence shortly after, and hopefully we see construction mid 2015. Either way we have some real tangible milestones to look forward to in the near future. My question is, say the EA gets approved, the road study is completed, a road is actually built, the hydro transmission details are sorted out, and everyone works together (native, business, and government) what will NOT stock be looking like at the end of the year? Can they prove to global investors that they are a forward moving project, and not just bickering children. I believe this is the last kick at the can for this project, and as a taxpayer, small business owner, small time investor, environmentalist, and closet native I'm really hoping that everyone can get along, or we're going to turn this car around ;)

http://www.ceaa-acee.gc.ca/050/details-eng.cfm?evaluation=63925

Eagle's Nest Project

McFaulds Lake (Ontario)

Reference number: 63925
Federal Responsible Authorities: Natural Resources Canada
Proponent: Noront Resources Ltd.
Environmental Assessment Commenced: 2011-11-01
Environmental Assessment Type: Transitional Comprehensive Study
Status: Environmental assessment in progress

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