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: Noront-exploration begins!!

Good find crazytrade, also possible way back in 2010 I don't ever recall if this area was explored.

TORONTO, Aug. 9 – Noront Resources Ltd. (“Noront” or the “Company”) (TSX Venture: NOT) is pleased to report that it has entered into an Agreement with Probe Mines Ltd. (“Probe”), to dissolve the joint venture agreement with Probe in the Ring of Fire, James Bay Lowlands and to allocate the claims that were the subject of the joint venture between the two companies. As a result of the Agreement, Probe will acquire a 100% interest in the Black Creek chromite deposit and one other claim along the chromite trend. Noront will acquire a 100% interest in the joint venture claims to the northwest of the Eagle’s Nest nickel, copper sulphide deposit as well as a group of claims north of the Thunderbird vanadium discovery.

Wes Hanson, CEO of Noront states; “The 100% interest in the claims acquired from Probe fit with our stated exploration focus which is directed towards the discovery of additional nickel, copper sulphide deposits near the Eagle’s Nest. We are currently completing our planned drilling at Eagle’s Nest and have begun to assign drills to high priority exploration targets near the Eagle’s Nest deposit that have been identified as a result of our geological and geophysical interpretation of the available data. “

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