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: Noront's trading
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Modest gain in shares ov NOT is extremely welcome at this time,

as we are in the early stages of 20 day Volume Weighted average

price establishing for purpose of determaining number of Noront

shares needed for Quarter IV interest payment to RCF on the

convertable loan. That is if RCF opts to get paid in shares of NOT.

GLTA

Fossil

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