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: The boys are busy

Yes.

That segment of the Management Discussion and Analysis PDF sounds very positive.

For those of you who have not yet read it. It can be found on the Noront Website link:

http://www.norontresources.com/Investors/getDocument/Q42012MDA.pdf/198

JDR

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