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: Next stop

Re: Next stop

posted on Oct 27, 2008 06:25AM

Even with Dick stepping aside there remains a strong managment team in Noront's office who can work with the new Board to move Noront forward in the ROF.

I was never that happy about some of the overall drill contracting arrangement and would expect to see some renegotiation and changes made to streamline this and probably save some money.

The placement of more money guys behind Noront could assist in arm wrestling other ROF Players into more structured relationships. Particularly for Chromite play this is a priority.

Now all we need are some solid exploration results to prove up the promised and expected resources.



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