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: The 30,000 foot view

Thanks BdyCanada. I feel there is no need whatsoever than to pursue the existing PGM-Nickel-Chromite  discovery. This will be enough to deal with for any of the stakeholders including potential buyers. Noront does not need anything else than has been proofed, nor does it need to invest further to reinforce what has already been established. It would become too expensive for any potential buyer. Road is on its way, so is rail, smelter is being scheduled for, why bother about more, enough is enough. Noront playing the cards for the coming months without any malinvestments, it is the key, the fun key.

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