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: Noront Resources appoints Chief Operating Officer

Notice that Semple is a Metalurgical Engineer.(implyed)

I do not believe that Noront will ever operate a mine...it will be sold to a major ...perhaps sooner than we anticipated.

"He brings a wealth of experience in metallurgical engineering, project and construction management, engineering design and mine operations"

"Paul can not only manage the engineering companies that will be invited to bid on Noront's infrastructure development projects but more importantly he will be able to contribute to the engineering of said projects ensuring that the best interests of our shareholders are addressed."

This guy is taking quite a risk joining an exploration company that he must know will never see this through to completion. Perhaps he thinks a major will hire him after take over?

SN

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