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: Information we can't have

Poly,

It’s too early for Noront and other players to have a very good idea for what the ROF is worth. I don’t believe it would be wrong to say that this area has a great potential based on what they know about DE1 and to some extent DE2. We have yet to identify and drill the much talked about mother load. It’s just too early to make this type of statement. Much more drilling is required from all camps before we get a handle on the ROF.

rosehill



"I'm positive Noront has by now a very good idea of the current net worth of the ROF as well as a target for this spring/summer exploration."

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