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: Re: Exploration update for Noront No.8 VMS Discovery.

"Noront is performing an extensive nickel compilation and targeting program on its properties throughout the Ring of Fire....To date the compilation program has identified over 30 targets warranting further investigation. These targets will be reviewed in detail and ranked for priority follow-up in the new year..."

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