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 reminds holders of BHP Lonsdale extended expiry
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And a reminder to BHP and Wyloo:

a) in addition to Noront's reminder that:

Noront Resources is focused on the development of its high-grade Eagle's Nest nickel, copper, platinum and palladium deposit, and the world-class chromite deposits including Blackbird, Black Thor and Big Daddy, all of which are located in the James Bay Lowlands of Ontario in an emerging metals camp known as the Ring of Fire.

And

b) that NPV of Eagle's Nest alone was $543M in(or $0.96/share based on 2021 fully diluted shares outstanding) in 2012 dollars.

And

c) that Blackbird, Black Thor and Big Daddy contain over $60B of chromite (based on 2019 USGS chromite value).

So make your next offer count (hint: make sure the dollar column is NOT zero).

Hobbit

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