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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Wes stated that there were a “number of other companies” interested, and that Noront has a number of “irons in the fire”.

Noront better not take a financing offer at "any price" Selling the company and previous SHs out in the .20-.30 range for a 10 billion resource is like morgaging your house at a cash advance store. Waiting 5 years and selling now seems like leaving the slow ship before the gangplank goes down. You just get crushed and drown in the sea.

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