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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's confidentiality agreements

"I don't believe Noront's confidentiality agreements include the word exclusivity. This is very important point IMHO.

rosehill"

So one reporter walks into the office over the last YEAR and says, can you tell me your business? So I tell him. He has an exclusive, because he is the only one interested? I think we just need to wait and see what this means.

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