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: Ring of Fire junior wins strategic victory
7
Oct 08, 2013 07:39PM

Garry Clark, executive director of the Ontario Prospectors Association in the article was quoted for saying: “Does this mean someone's going to get onside with (Noront's) East-West corridor instead? If you're Cliffs and you're looking for Plan B do you make a deal with Noront on the east-west corridor instead?”

Garry (must be a fan of CLF) should have checked out the facts and done some quick math before talking about plan B for CLF, i.e. CLF to share the same E-W road with NOT.

In NOT FS, the E-W would be designed as a shared road with the locals since their truck traffic is for transporting some 150,000 tonnes of Ni-Cu concentrates per year, and according to Wes Hanson, former NOT President, the shipment of concentrates represents about 10% of the total volume of the road.

However, if CLF get involved with the E-W road then the picture would be completely different. With a shipment of some 3M tonnes of chromite, i.e. 20x that of NOT (3M/0.15M = 20), the E-W road would be choked with monster trucks mostly from CLF and a tiny portion from NOT. It looks like there are two options:

- build a wider road, and make it a private road, i.e. keeping the locals off (not sharing with them because this road is for shipping ores out, sorry people). There goes the "public interest" brownie point for the E-W road (hence, don't expect any money and support (moral, legal, etc...) from the governments.

- build a double-double wide road for monster trucks and local traffic (passenger cars). But, who would want to drive along with those monster trucks, even in good weather conditions. The monster trucks have "the right of weight", and any encounter with these monsters would result in the passenger cars coming out second best.

Take your pick.

goldhunter

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