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: MD&A for the 3 months ended March31/15

Your view is not opposite of mine it is the same, my point was the bigger this gets the more complex it gets and claims to the prize pick up a life of it's own. Soon it will be 8 years since the discovery of Eagles Nest and with all the meetings over the years it seems all that is agreed upon is to talk about it. How many transport routes can there be or what percent FN are entitled to. Once again I think all Noront can do is wait it out, the quality and amount they have is not in question.

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