Response from Noront CFO

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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Ktmracing22

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Response from Noront CFO

posted on May 01, 2019 09:53AM

Hi everyone,

Following is my response for an update from Noront. Sounds like some good news in our near future!

Chris, thanks for your interest and your support. We are currently finalizing the Ferrochrome Production Facility site choice and should announce during Q2. Regarding the access road, the EA for the Marten Falls (MF) section is advancing well and should be completed in about 18 months. The key outcome now is to establish the proponent of the section of road from Marten Falls to the Ring of Fire. That process is being finalized as we speak between MF and the province. We own a complete (though dated) EA for this section from our purchase of Cliffs and will contribute this information to the eventual lead (MF or the province) so as to get it done in a timely basis. I expect the next news (after the FPF) will be the province announcing the commitment to the road development.

Regards,

Greg Rieveley, CPA, CA
Chief Financial Officer

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