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: drilling halted and Wes blames others for it Gee

Burnhard: These things you are referring to are elemental. This not the start of the game. It has been underway for many moons. We have Noront promoted as virtually hand in glove with the nearby FN communities with a well-defined corporate stance to match.

What I was trying to direct attention to is the fact that all of this facade of working closely with the FN communities seems to have drifted away like smoke. Absolutely, I would have expected the B of D to be on top of this situation like big dogs. Instead, they meekly shut down drilling and fire off an "all is wonderful" NR to sooth the credulous.

This situation does not ring true in my estimation. Believe what you want, but I feel we are witnessing a snow job of majestic proportions. Why?

Best, O.F.

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