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: What a disaster - NOT

What a disaster - NOT

posted on May 27, 2008 07:48AM

Opened up my National Post this AM and a free promotional Resource World Magazine fell out - the one with Richard and John on the cover. Turned on my computer and NOT was halted. Great signs. Then NOT opened way down - so had to sell some gold shares and buy a bunch of NOT at $4.30. This is turning out to be a great day. These were two pretty good News Releases as you can't hit an Eagle 1 deposit at every anomaly you drill. Patience everybody. I think that as everyone starts to understand these two NRs we will close over $5 by the end of the week.

The best by far piece of the NR apart from richer mineralization at depth was that NOT management feels confident enough to state that

Noront management feels that the drill results obtained to date at Eagle Two are consistent with the conceptual model it has developed to date, which would suggest that there is potential for the discovery of another Eagle One - type deposit, as the Eagle Two mineralization is traced northwestward into a possible feeder conduit. The potential for both Chromite and Ni-Cu deposits within the Ring of Fire Intrusion ("RFI") itself remains virtually untested

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