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: Rhodium Rage

Mynot, here's an excerpt from the Feb 19th. 08 News Release outlining when and where samples were sent for analysis.

PRECIOUS GROUP ELEMENT TEST WORK

Twenty samples from holes NOT-07-01, NOT-07-02 and NOT-07-05 were selected for Precious Group Elements (PGE's) as part of the ongoing evaluation of Eagle One. The samples were selected on the basis of initial platinum and palladium content, nickel and copper content as well as lithology. The samples initially underwent analysis for rhodium at ALS Chemex laboratory in Vancouver B.C., then lab-splits of the same sample set were sent to ALS's affiliate lab in Australia, and additional splits were sent to Activation Laboratory in Ancaster, Ontario. The test work recently received confirms that other PGE's are present in Eagle One and now need to be analyzed for on a regular basis. Variance between the two laboratories was within acceptable limits. The test-work included three consecutive samples selected from Hole NOT-07-05 between 111.5 meters and 115.6 meters down-hole. This 4.1 meter section averaged 3.2% copper, 3.62% nickel, 30.2 g/t platinum, 15.95 g/t palladium, 3.3 g/t gold, 8.1 g/t silver, 0.84 g/t rhodium, 0.15 g/t osmium, 0.21 g/t iridium and 0.42 g/t ruthenium. Noront will now be assaying previous samples from Eagle One for rhodium and completing additional assaying for the other PGE's on a regular basis, to determine ratios of the other elements with respect to rhodium assays.

It is curious that we still are in the dark on the additional assays for rhodium however all things happen for a reason, perhaps the delay in the release of the JJJ gold assays is the result of a new mineral find during re-sampling of the zone which has caused another .... re-sampling....??

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