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: NEWS - Noront Receives Analytical Results Eagle One Deposit - 6.88% nickel, 5.05% copper, 2.53 g/t platinum, 14.07 g/t palladium, 0.39 g/t gold and 15.1 g/t silver over 10.6 metres

Don't think it will be difficult to split, even on properties with spilt ownership.

If they were to split NOT the company which has the Windfall property will just own the same percentage as Noront does to - it will probably just be called another name.

E.g. spin off Double eagle into a seperat Co. and Burnt Hill along with China and so on in another Co., then you will have a company left having the same part of Windfall as Noront does today.



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