Peter

I will insert answers after the questions below.

Jeremy

On Saturday, February 19, 2011, peter marshall
<[email protected]> wrote:>
>
> From March 30/2010
> NR:
>
> "A fifth
> drill will be dedicated to the AT-12 anomaly where ground geophysical
> surveys are currently being conducted with the intent of identifying any buried
> mineralized structures similar to Eagle's
> Nest."
>
> "A fifth drill will be dedicated to
> the AT-12 anomaly. Ground geophysical surveys are currently being
> deployed at AT-12. This survey system provides deeper penetration and higher
> clarity than the surveys previously completed at AT-12 and have been
> successfully utilized in Canada's other nickel camps to identify buried
> mineralized horizons up to 400 meters below
> surface.
> "
>
> From Jan 20/2011
> NR:
>
>
> "The Company has resumed exploration for
> the winter season and our focus continues to be the discovery of additional
> nickel, copper sulphide resources. Initial drilling will focus on the Western
> and Thunderbird intrusive complexes while ground geophysical surveys
> are completed at AT-12. On completion of the geophysics, drilling
> of the AT-12 Complex will commence. We are looking forward to drilling
> additional targets at AT-12 where the Company has intersected the best nickel,
> copper sulphides grades outside of Eagle's Nest."
>
> Questions:
>
> 1. The above NR's on AT12 are dated 10 months
> apart and are confusing/contradictory to me : the necessary ground geo for AT12
> targeting was completed per Mar/10 NR. Why does NOT indicate that
> ground geo is still ongoing in the Jan 20 /11 NR? Is this continuing ground geo
> in Jan/11 the completion of the 2010 ground geo?;- using the same geo testing
> technology used in '10 NR; or is it a redo using a new type of ground
> geo/company ("Insight GeoFind" ?? technology. Was the March 2010 ground geo
> testing a failure? throwaway?
>

The ground geophysics deployed in 2010 was not completed. AT12 is
particularly wet, string bog covers it, and the ground must be frozen
to work there. The blockade and mild winter of 2010 kept us from being
able to complete the ground surveys at AT12 so we surveyed at drier
ground closer to Eagle's Nest. We used the Lamontagne UTEM system,
which we also used for our borehole surveys. Currently we are using a
different survey, Insight IP, and the survey at AT12 is nearly
complete and we are drill testing targets from the Insight survey. The
Lamontagne survey was not a throw away and we are drill testing
targets from that survey with the othe drill.

We will continue to use Lamontagne in 2011 and we are using Insight
right now because I feel they have a great survey and no one has tried
it at McFaulds and it is a good fit for AT12.


> 2. Is ZTEM still being used? Replaced? Is ZTEM
> targeting flawed/throw-away? Cumulative to knowledge in the resource database
> model?
>

The ZTEM survey was flown in 2009. The data from the survey is still
used in conjunction with other surveys and drilling to identify
favorable targets. It is a very useful tool in that it appears to be
good at locating geological and structural contacts, the position of
both those is important in planning new holes. But it is one of many
pieces of data we use.


> 3. If there is a change in ground geo technology
> utilized, did this cause a delay in the resumption of drilling at AT12? When did
> the AT12 drilling actually start? Is there enough time to complete the planned
> Q1/11 winter drilling program prior to spring thaw?
>
The change did not cause a delay in drilling at AT12. The first drill
hole is under way now and we will have enough time to complete our
planned drilling.


> 4. What were the assay results of the 5th drill at
> AT12, (referred to in the March/2010 NR, above). Could you refer me
> to these results OR explain why they have not been reported 10
> months later.

AT12 results were reported.
http://norontresources.mediaroom.com/index.php?s=43&item=80

>
> 5. Your Thursday telephone response to my call
> stated you were "hoping to find a second eagle "over there", and that "they"
> think it is the feeder to the Cliffs chromite"". What does this mean? .... found
> more chromite (only)? or Ni? PGM's?also? Is "they" your tech. advisor
> team? Is Mungal (or his replacement) part of "they"?
>

Cliff's chromite was deposited by a very large magmatic event and it
looks like AT12 is the source of the magma. We are targeting
mineralization similar to Eagle's Nest and based on results from 2009
and 2010 it looks as though a large Ni-Cu-Pt-Pd body could be in that
area. I feel it is likely a bit deeper, below 300m, and this is why we
are doing the ground work which can see deeper.

This is the belief of the Noront Technical Advisory team, which I am part ot.

> 6. The exploration technologies
> utilized by NOT to date have claimed success as to confirmation of the EN
> models developed and the confirmation of "we know where it is" and "open at
> depth" (amoungst other unsubstantiated/confirmed NOT NR claims). Can you
> elaborate on the proof of these claims, please

Borehole Electromagnetic surveys at Eagle's Nest show that their is
conductive material deeper than the deepest drilled intervals. We have
a very high level of confidence in this because we surveyed all holes
in 2009 and 2010 and have good comparisons.

>
> 7. Is the drilling (currently being conducted at
> AT12 per your vmail thurs.) going to produce initial/additional proof of
> any of these claims? Which claims? When?
>

We are drilling our targets and will report results once they are
available. The first hole is not complete so I can't comment on timing
at this stage.

> 8. Is the building of a Ramp per PA NR and Nov 29
> NR going to be included in the PA /43-101update coming by March 31/11? (per
> Paul Semple to me in telcon about a week ago)?
>

A ramp is still being considered as a great way to get closer to the
deposits and part of the infrastructure of the future mine.

> I have not been able to Google "D by T ground
> geophysics by Insight GeoFind", per your Thursday vmail to me, despite many
> variation Google attempts. Could you refer my to the url or other info.
>

Insight Geophysics is the company. Here is there website.

http://www.insightgeophysics.com/6968/index.html


Last year was tough and we have gotten off to a much better start this
year. We removed Orbit, we can continue to work even if a blockade
occurs because we have moved in our supplies and we have some very
good targets. It is very cold at the site, often colder than -30C, and
we are working hard to get results and to make a discovery while we
advance the Eagle's Nest project. Results will be coming and you know
that I cannot give you a heads up on what or when.

Regards,

Jeremy