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: Drill results...

Personally, I think it would be very unwise of Noront to release drill results until they are assured that an IBA agreement has been reached with the Matawa First Nations.  Releasing the results now, even if they are ready, would be like telling your fellow poker players what is in your hand before all bets are in.  Why make the stakes in the game any higher by prolonging this poker tournament. I would sooner see Matawa sign on the dotted line, then to know the obvious, which is that our claims are rich with minerals.  That I believe is a given, and why our company is still in the game.

Nothing of this sort (drill results, roads, rail.....) will be made public (IMO) until Matawa shows their cards.

TM.

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