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: Long day
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Considering very rough start we finished OK. Towards the end of trading today

i was hoping for a green close that would provide TAs with possible reversal

short term. It didn't happen. Nevertheless any improvement from here will

be most welcome for Noront longs. All this transpired on increased volume.

Sincere GLTA,

Fossil

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