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: Re: We will lead the regional planning

"his document is publicly-available (see TOR Amendment) and, with respect to infrastructure, clearly places the onus on Noront to redo the screening of four possible industrial access routes and alternatives in partnership with First Nations and Ontario, and include detailed assessment of these options in the EA process (Sec. 3 & 4, p.4). Noront hasn’t done this work with us, and prefers to wait for Ontario to tell them what to do (see Al Coutts, Aug 28)."

Noront does not have the money to redo their study and cannot raise any for that purpose until the natives make up their mind about what they want and the government makes a firm commitment to build the road. So they wait.

As for the rest of this it simply says they can't decide what they want.


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