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: Gold hits new high as investors look for safety

Noront is spending over $8 million dollars on a ramp from which to test, drill and try to figure out some kind of ore quantity and quality. A long way from selling any gold.

While I hate to downplay the part that Windfall might play down the road it certainly isn't going to add any value to Noront's market cap UNTIL they get a handle on potential resource.

The Wasserman report, I believe, got it right in placing a $1 value of Noronts share price as being related to all their other properties excluding DE; AT THIS TIME .  Sorry but no one's going to get excited about Windfall for a few months, by then we'll be sail high on DE results.

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