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Massive Black Horse Chromite Discovery

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

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Message: Re: Relationships
2
Aug 30, 2013 09:00AM

I'm pretty sure that FNC retains the claims and a NSR in their name,KWG funds all exploration for first dibs at ~ 80% of the production of minerals and BOL is the operator,ie,boots on the ground for a % of production.Until this jv agreement CLF was telling the easement panel that KWG's share of ROF would never see a shovel.Now they do still need a railway (or) road.JMO.

Kerry

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Aug 31, 2013 12:13AM
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