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: Blackhorse Chromium claim

What ever the date Blackhorse could become available I think Noront would be interested but now not.

Interested because we should like to become a more complete owner of the Ring, that is a natural progression.

However my opinion is that right now NOT is focused on Eagle mine and having transportation access to the Ring. Until that is achieved or determined in some fashion I think the company needs to limit it's dollar expenditures, hence sp dillution.

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