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: June 30 2015 Noront Corporate Presentation

May I remind every one that we were at this position regarding permits and construction plans last year. And how we were disappointed when winter arrived without road announcement or mine construction permits.

Was disappointed then so now am very sceptical and reserve my optimism until I know for sure company has at least one of them in hand.

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