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: NOT Chromite news,,,

Why is more chromite good? I will tell ya. Baosteel wants it and will give us and Noront more money. The underground mining methods that Noront will be doing will be pushed ahead of Cliffs invasive open pit and the higher grades and easy to mine ore make this a reality. I am not saying that there won't be 2 mines but that Noront is still the leader and will be first with a product to market and a backer that can make us all win in Baosteel. I am happy to take a 40% of profits just like I did with Aber and many other mines that I have being a partner in. It will be very profitable.

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