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: Building Canada fund

That would account for some of the difference. It means not an all weather road but just enough to get some heavy equipment through it once in a while. Such would not be sufficient for Noront's needs and probably only marginal for the communities.

However Cliffs needed a four laner if they were going to use it for chromite transportation.

Thanks Au...

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