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: James Bay Resources update on RoF.........

When better access is availible (ice-road and all-season runway)and exploration costs come down the ROF will be swiss cheese. The rest of Noront properties will be more modeled and the knowledge will be advantagous to the fresh explorers who will be looking. Thats when Noront will ne King of exploration in the Ring. Cliffs will be mining chromite and Not will be using their advanced drilling knowledge to keep their base and precious metals mines and discoveries moving over Cliffs access to help keep the future rail alive and profitable. Cliffs has said publicly that the rail needs the other resources to stay efficient.

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