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: Labs should be able to give us a timeline

I'm sure some assays are back in Noront's hands but releasing one at a time would be confusing and distort the overall meaning. Noront has to wait until they have what is necessary to prepare and release news that outlines what, where and the meaning.

I guess we could see further core visuals but even then they would have a lot more impact and meaning if we saw the assays on the earlier ones at the same time.

The seemingly steady erosion of share price on low volume is discouraging but unfortunately it's part of the price paid to profit from junior exploration companies. The Market is still unsure on how to value Noront so we wait for the news that will help establish better such pricing. We all seem pretty confident that valuation will be well over $6 and much higher as more and more is known.

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