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: KWG Declared Winner in 2011 Staking Race With Noront

Interesting piece of news, a bit late, but there are some imprtant implications:

1. Koper Lake claims provide convenient air connection (current and future), including heavy lifting Hercules, to the RoF. See links below for the harsh winter conditions and scenery of the frozen Koper Lake.

-First time a Hercules C-130 landing on Koper Lake ice, back in 2009. Note the nice background song by Kelly McRae " I heard that Johnny Cash died of a broken heart....". This must have something to do with Richard Nemis who brought up those 2 drills(named Johnny and June) to the Ring of Fire for the discovery of Eagle. Don't show this video to Sir Richard, it will bring tears to his eyes.

https://www.youtube.com/watch?v=bymnYDUp6ck

- Hercules taking off from Koper Lake. If you are not patient enough to wait for the Herc to get warmed up then skip to 1:46 min to see the take-off. Amazing to see a heavy lifter taking off like that (but remember that C-130 have landed and taken off from aircraft carrier).

https://www.youtube.com/watch?v=Fuj-TC7Fdro

2. This also serve as future staging area (or could be considered as the choke point, or controlling point, whatever this may mean) for the train/truck N-S corridor.

3. The claims are next to the southern border of the KWG/BOL/FNC JV where KWG earns 80% of BH. If the chromite/and other deposit extend over to KWG Koper Lake claims, then it would be 100% KWG.

4. Anything else that I missed?

goldhunter

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