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: Valuation

RCF has waited over 8 years to get there just like retail.

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Funkey.............We, however biased, need to stick to the facts.

Market rumors, first hand or otherwise can be very harmful to

newer investors.NOT needed here!

RCF was first involved in late 2011 before finallly breeching

10% treshold in March of 2012. So that is little over four years

and NOT eight years. I am as positive on Noront as the next guy.

But i strongly feel that we must be transparent and responsible to

stay factual.

GLTY and all,

Fossil

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