Massive Black Horse Chromite Discovery

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

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Message: The morning after, Can the Prov and Feds work to gether in the RoF

Article by Jordan Press, the Ottawa Citizen. Note the attached last bit on the RoF. The "road" was quoted, but Gravelle said in an e-mail to one of our posters "transportation infrastructure". Presumably, negotiations will result in the final strategy "road first, rail to follow shortly after, etc..." At least Wynne promissed 2 things:

- Establish the Dev. Corp. 60 days from 12 June (so it's 13 Agust?) presumably with input from Deloitte. Note: By then CLF Appeal would have been resolved and CLF fate sealed, most likely with new management (proxy fight with Casablanca, AGM, 29 July 2014).

- $1B investment in the RoF infrastruture regarless of Feds constribution, but a lot more could be done with funding from the Feds (matching or otherwise). She has won the election with a majority, hence meetings with the PM, Rickford, Clement,...would be in a spirit of co-operation, no bun fights.

goldhunter

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http://ottawacitizen.com/news/politics/can-harper-and-wynne-work-together-after-that-campaign

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Political acrimony between the federal Tories and the provincial Liberals will likely soften because of a project that is vital to the interests of both governments: The so-called Ring of Fire in northern Ontario, a mineral-resource project that could support 5,500 jobs a year and generate $9.4 billion for the economy.

The project could give cash-strapped Ontario a sharp financial boost. The federal Conservatives are also keenly focused on building Canada’s resource economy, and progress on the Ring of Fire could give them a boost in 2015.

The Liberals promised during the campaign to spend $1 billion on an all-season road to the Ring — but only if the federal government gave matching funds.

“No matter how much they may or may not like the other one, there are issues that are going to have to be dealt with,” says Penny Collenette of the University of Ottawa, a former senior staffer in then-prime minister Jean Chrétien’s office.

“No one is so irresponsible as to hold up everything.”

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