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: $3 Nickel

Is Noront still scheduled to release PEA on Dec 20th? Think Alan stated it in November. Would explain alot of what is happening this week and why anticiapation is so high. PEA plus Fed commitment to funding = big upside to .17 options being granted under change of year end strategy.

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