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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According to Prospectus filing Noront had as of Feb 26/2016

2.6 Million cash on hand, some of which was already spoken for

since. That, plus $ 6.0 million (net) raised by the Prospectus will

allow them to complete exploration & drilling program on two

targets, AT-5 and AT-12 comfortably.

GLTA,

Fossil

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