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: GBR interview with Al Coutts

What will the year 2014 bring for Noront Resources and what is the final message that you would like to convey to the 63,000 readers of the Engineering and Mining Journal?

AC: Completion in December 2013 of a Federal/Provincial Environmental Impact Statement and Environmental Assessment Report (“EIS/EA”) for its Eagle’s Nest Project marks an important milestone for Noront. We believe that Eagle’s Nest will be the first mine developed in the Ring of Fire and this brings us one step closer toward achieving that goal. We look forward to receiving comments from the provincial and federal governments as well as any other interested parties. NGOs, First Nations, and interested public will be able to review the EIS/EA; overall, it will take somewhere between six months and a year before the final document will reach the minister’s table. Apart from that, in 2014, we would also like to negotiate the benefit agreement with the First Nations. Noront Resources will be looking at synchronizing the timing of these events so as to approach the financing-market backed up by solid results. Our final message is that we intend to be the first mine in the Ring of Fire. Through our novel approach, our reduced environmental impact and by being sensitive to the needs of the First Nations, we believe we are at the forefront of development in the Ring of Fire.

So no point in looking for financing to come any time soon, up to a year away, if they synchronizing the timing Events.

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