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: 43-101 Report by Cadillac Ventures on Noront's Burnt Hill project
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Yes but whereas the DE1 report will put money in all our pockets it doesn't look like Burnt Hill will for a very long time.

I tried to wade through the full report from Cadillac and it's pretty boring for the most part. Looks like a huge and expensive job to get to point where actual resource figures can be done. Also Cadillac staked a huge area in addition to claims from Noront that Noront won't participate in.

All in all it's nothing in my opinion that adds much, if any, value to Noront shares. Windfall in my opinion is the property other than within the 'ROF' that has much potential value to shareholders.

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