Highly prospective exploration company

Resource projects cover more than 1,713 km2 in three provinces at various stages, including the following: hematite magnetite iron formations, titaniferous magnetite & hematite, nickel/copper/PGM, chromite, Volcanogenic Massive and gold.

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Message: Suspect this drove today's SP increases in CHM and ADI

Thank you Luker for posting the stunning news.

Port of Sept-Îles is the shipping seaport of Magpie. The joint statement
by the CEO and by the Chairperson needs no embellishment so far as
it encourages us unequivocally in what we’re setting ourselves up to do.

We should be carefully coordinating our activities with both the local
government and “its private partners” so far as the initiatives specifying
how the “more than $10 billion in investments” will be spent “to build
this strategic infrastructure,” which “will ensure the start-up of major
new iron ore mines in Quebec and Labrador.”

The key paragraph bears repeating:

“Today’s announcement is the culmination of all the effort and work of
the past few years on the part of the port and its private partners to build
this strategic infrastructure for Eastern Canada. The new multi-user dock
will have multiple important effects, as it will ensure the start-up of major
new iron ore mines in Quebec and Labrador, the expected impacts of
which will be key, with nearly 3,000 new jobs and more than $10 billion
in investments,” said Pierre D. Gagnon, president and chief executive
officer of the Port of Sept-Îles, and Carol Soucy, chairman of the port’s
board of directors.

We should never cease asking management how its important discussions
are progressing with the officialdom of Port of Sept-Îles. Also, inquiring
minds want to know how we’re organizing our own projects in the area
and how we’re bringing ourselves together with the local government and
“its private partners.”

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