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: Official Statement Pending
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We had stated to many, via PM, that we were conducting an internal investigation and we wanted to be thorough with the findings given the severity of the allegations.

That being said, an official statement will be delivered either later this evening or early tomorrow morning.

Until that time, please keep the conversation focused on Noront.

Regards,

Paul

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