Massive Black Horse Chromite Discovery

Black Horse deposit has an Inferred Resource Now 85.9 Million Tonnes @ 34.5%

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Message: Destination for the Chromite Oar
Mr. John Rafferty (Thunder Bay—Rainy River, NDP):

Mr. Hanson, we've heard about roads. We've heard about transportation, electrical lines and so on, east-west and north-south. Can I ask you why Hudson Bay was not considered as a viable route for shipping?

Mr. Wes Hanson:

Basically our analysis indicated that James Bay was too shallow to accept vessels of sufficient draft to be able to reduce shipping costs dramatically.

Noront's situation is a bit different from that of Cliffs and some of the other companies in the Ring of Fire. We're only looking at shipping 150,000 tons of concentrate a year. We could do that easily through a combination of a concentrate pipeline and a permanent road.

Wes Hanson, Noront, testfying on February 16, 2012, 41st PARLIAMENT, 1st SESSION Standing Committee on Natural Resources
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