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: the NEW BOD

FWR was in my opinion receiving a lot of 'free' assistance due to their close association with Dick Nemis. That came to a screaming halt with new management and it's likely a more business like approach will be entered into where no one 'partner' is given preferential treatment.

Can't say I'm impressed with Noront Board or the joint CEO's and about time they've showed the investors and the market what they can do.

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