Noront Resources

High-grade Ni-Cu-Pt-Pd-Au-Ag-Rh-Cr-V discoveries in the "Ring of Fire" NI 43-101 Update (March 2011): 11.0 Mt @ 1.78% Ni, 0.98% Cu, 0.99 gpt Pt and 3.41 gpt Pd and 0.20 gpt Au (M&I) / 9.0 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inf.)

Posted on Jim Sinclair's site today. (This Bodes well for us as Noront shareholders).

Important notes:

Paul Volcker, Democrat and Chairman of the Presidential Committee of Economic Advisors, stated today in congressional testimony that the present Treasury plan for financial reform will lead to additional bailouts by designating non-banks as "systemically important." I would add that this action when undertaken would continue the program of socializing losses and privatizing profits.

China today announced that they were entering into another energy transaction costing a minimum of $2.5 billion US. The march out of dollars into energy, metals, material, agriculture and firms involved therein continues almost on a daily basis. They most certainly are NOT dollar bound and soon the US dollar will become the least percentage of their reserves. It never was even 50%. The talking heads might be amazed to hear that FACT.

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Babjak1
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Noront Resources
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