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: Doubting Polytomas!

Won't be over until FWR provides more detail and/or assays. Take not of this, taken directly from Noront's website:

"The value of lump ore increases dramatically as the grade increases above 30%; no significant international trade takes place at grades below this value."

In other words the earlier occurance you mention and that I was aware of was not of economic value. It still remains to be seen if FWR's find is above 30% and how much above it is as that has a great deal to do with placing any value on it. Might be, may be, good chance of, but massive description just doesn't 'cut the mustard' for me or evidently the Market.

Noront remains the only player in the ROF with proven value and sooner or later the 'Market' will pay attention.

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