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: Noront Q2 2019 Corporate Presentation

A couple interesting numbers from the corporate presentation...from page 11

34.2 million lbs Ni per annum

 -- 34,200,000 X $6.10/lb X 1.3 to $CDN = $271,206,000 gross from Nickel per year

90,022 oz Pd per annum

 -- 90,022 X $1,540/oz X 1.3 to $CDN = $180,224,044 gross from Palladium per year

19.2 million lbs Cu per annum

 -- 19,200,000 X $2.72.lb X 1.3 to $CDN = $67,891,200 gross from copper

The palladium is impressive at these prices.

 

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