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)

Free
Message: Information Underload

Information Underload

posted on Mar 09, 2009 04:33AM

Below is a request for information I sent to Noront about a week prior to the PDAC conference and the reply follows that was made obviously post PDAC. This is an extremely short and totally useless response. I didn't even ask about size or tonnage and surely they have a drillhole that says at one point, the orebody is "x" meters from the surface and give me the closest one to make me feel good about my investment. You would think that after entertaining visitors questions at the conference, they would feel some comfort in answering with an informative reply. I didn't even want a reply after the conference. From what I can gather from this and our friends that gave us all excellent reports from the PDAC, is that this IR firm is making all the decisions regarding the dissemination of info as well as all public posturing and the BOD are letting them and hiding behind this cloak. This is the difference between Richard and the new BOD. Richard would risk getting in trouble giving us info but these guys are acting like politicians when it comes to informing shareholders.

Your last PR stated you were having assays repeated due to high concentrations of Cr2O3 and that other independent labs would be verifying the results. Are you planning to release these results because the PR leads one to think spectacular results are coming. Also, the infill drilling for the 43-101 is underway. Will you release the assays from each hole as the information becomes available? This may be repetitious but it is necessary information to plan for further investment in Noront. One final question, with the drilling done so far on the Blackbirds, how close to surface can you project the massive, semimassive or disseminated chromite?

Dear Sir,

Thank you for your inquiry. I apologize for not getting back to you
sooner, as we have all been engaged at the PDAC for the past week.

Please note the following:

If any past assays require re-release this will be followed up on.
Assays are released on materialiality of information, as well as
recept, tabulation etc. Material assays will be released.
At this time, and until there is a complete 43 101 compliant report
filed and completed, we cannot speculate on any size, tonnage or how
close to surface the potential discovery is.

If you have any further questions, please contact us directly.

Investor Relations

Noront Resources

20
Mar 09, 2009 05:32AM
18
Mar 09, 2009 07:56AM
13
CMP
Mar 09, 2009 08:59AM
2
Mar 09, 2009 09:52AM
Share
New Message
Please login to post a reply