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: No more PPs

I doubt that Plan A was ever shelved. In fact, I am betting that it did not even have to be dusted off. Noront likely has been quietly continuing work on the East/West corridor all along. It would be the prudent and responsible thing for a self-reliant management team to have been doing. It also would explain why local FNs said little when Noront publicly supported the N/S route.

I still say Noront is fully engaged in planning and building a mine in the RoF. It will make us proud and it will make us rich.

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