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: To doubters - Noront is now a blue chip mining stock - rest easy

Your post does reflect the fact that you are studying the claims and targets identified. However I do take issue with your stating that there is only one explanation why DE1 was drilled first. There could be any number of reasons why Noront picked on this DE1 Target. One might be the unique signal strength from ground surveys (remember they actually where looking for zinc not nickel), another might just be an easier location to drill than others.

I'll agree that other targets close to DE1 are likely to have similar mineralization, if ground surveys come up with similar signatures. Just seems logical that within 5 to 10 kilometers is better than 20 Kilometers.

Early days for drilling and other companies and Noront's jv partners will get their turn to drill and release news later this year.

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