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: FN : looming troubles {how about going for a peace-pipe smoke first ?}

I tend to think a little like our management about the silence. Noront is in negotiations with everybody it seems. The FNs, Cliffs, the Ontario and Canadian government would be wanting more from Noront if we had 20 billion in ore. Noront does not need to be Mr Rich when we have so many who want so much and we are trying to get more support from all others who want a percentage of what we have. Silence IS golden sometimes. Lets get everything worked out and contracts signed, then we can start looking a little more prosperous.

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