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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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Also important to consider

posted on Oct 12, 2008 05:25PM

The cost in time and energy that Rosseau is sapping from OUR company by this action.

Our CEO and directors have enough on their plate - pulling this discovery zone together for all of us; how selfish of Rosseau, especially at a time like this, to whine and complain and demand attention.

And this action is costly in monetary terms as well - they are taking money from our pockets, the real cost to NORONT to fight this hostile proxy, which would be better used for surveys and drilling.

BK



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