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: Feds to examine infrastructure spending, Ring of Fire Thursday

Yes, very good. If I thought that no money will be going to anything north of Pickel lake except a fly in treatment plant for Neskantaga and other communities I would of sold out instead of buying to keep percentage. If you price in roads for ever ones plants together over fl-in, at least one main road to get past the early melt areas first to start, so that an extended ice road season can be had, then it will be benifitial to Noront to add in the extra distance to the mine site. I am not expecting a road all the way to EN paid for by Federal money but Ontario may pay for part of it. If not, Noront could function quite well even with just an ice road, as long as it was three months instead of 1 month, for the construction. The main network will happen as the costs come down as every mile is built it is cheaper for the next.

We do need total access, and rail is best for the chromite before 2020+ but for now, every step closer, will speed up the next step. We should be running soon. China and others will need more steel, and better steel and stainless for high speed people moving railroads than all the highrises and malls put together. Don't forget, how much nickel and chromie, go into high quality steels. High Quality Steel drives the economies as it always has. Non-oil energy can't happen without it.

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