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: Why Noront is in the sweet spot

(did you guys notice how much was spent on flights in the last quarter? it was their second biggest expenditure after drilling)

Small correction, we spent more for flights/transportation than for drilling ! But apart from that, glorieux, I totally agree !

FANTOMAS

McFauld´s:

1.780.441 for Transportation

1.706.113 for Drilling

1.146.727 for Geophysics

363.755 for Claim Staking

142.152 for Geological

69.754 for Assays

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