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: Interest Payment
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Today's trading kicks off 20 trading day Volume Weighting Averaging period

for the purpose og establishing Noront's Average price for the Interest payment

to RCF for the third quarter, if they opt to get paid in shares rather than in cash.

Averaging period will end on Sept 30/2015.

GLTA,

Fossil

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