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.)

FYI,

Although some features of NOTs site are not up-to-date (Eagle 1 model), they do post presentations and news releases fast.

See the link for the San Fran presentation.

http://norontresources.com/Investors/getDocument/RESOURCES_ONE_PRES2.pdf

NOTES

1) Discrepancy for the working capital - slide 4 states 31 million, slide 36 states 34 million. 3 million is not something to misplace.

2) The JJJ gold zone is mentioned (slide 8,24). We are still waiting on more results from there too as per October 28th NR (http://norontresources.com/News/Release/175)

3) They also highlight that they've drilled Eagle's Nest to 1100 metres..(slide 15,36) . This is 100 more metres than previously reported - so they've made some progress. They emphasize this on slide 36 - stating again that it is open at depth and in all directions. Since they say it is open at depth we can (may) assume that this 100 metre extension also hit more sulphides. Good news for us - this will be the next significant news we get - mark my word.

4) Again they state - Micon International 43-101 by 4th Quarter 2009 (slide 17). I stick with after Dec. 11th but before Christmas.

So there you have it - more info for you all to chew on.

Now back to my cognac.....to ponder "if only I had more money to buy NOT".....

WW

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Wordsworth
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