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: Windfall hibernation: Not what I expected

THE forum got it wrong, Noront never, ever, said bulk sampling would put cash in the bank.

Fantasy game playing with numbers based on extremely rich core from W3 zone.

Underground drilling/sampling is required before Noront knows and can tell us what this mine is worth. It certainly has value and no question in my mind that it will be mined. Would be surprised to hear of jv for this mine with production starting next year.

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