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: Triple J Gold

It is very good to see, that Noront is doing more work on this zone.

Because in their "discovery NR" of Triple J (Oct. 27, 2009), they stated, that no further drilling was planned:

"No drilling is currently planned for the Triple J zone at this time. The Company's immediate objective remains the aggressive resource expansion at Eagle's Nest which is ongoing as of the date of this press release."

Now, after re-assaying results are back, a new plan has been developed:

"Noront’s geophysical interpretation of the area southwest of the drill-tested portion of Triple J suggests numerous cross cutting structural features along the interpreted extension of the Triple J zone. These structural features are believed to represent excellent targets for additional gold mineralization. Noront is currently operating an auger drill from surface, testing the bedrock/ overburden contact zone. Geochemical samples from this drilling will be used in conjunction with the geophysics and the structural model for Eagle’s Nest – Blackbird complex to refine the exploration plan for the Triple J zone."

Although an auger drill does not really mean "drilling deep", it is a starting point for this exciting discovery.

The fact that further work is done here speaks for itself.

FANTOMAS

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