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: No volume either way again...so price means nothing

It is the low volume which is of major concern since it is evidence of both lack of interest in Noront and 'ROF' as well as mistrust of Noront's potential.

Wish we knew what it was going to take to get flagging interest turned around. With all the explorers gearing up for Spring drilling/exploration maybe their results will be the turning or tipping point.

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