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: Look for 'prudent spending' in 2015: Oliver

I really need a proof reader! If any of you need a template to send to Honourable Joe Oliver, please use and edit this one.

Dear Honourable Joe Oliver,

The Ontario Liberal government could be persuaded to direct Infrastructure Ontario and the MNDM to become shareholders and agree to transfer it’s shares of the Ontario Northland Railway to a federally chartered, shell crown corporation, which could be administered under provincial legislation forming a hybrid of Ontario's ROF Development Corporation.

Federal matching funds for ROF infrastructure could be made to flow only after a firm commitment by both the First Nations and the government of Ontario to develop the proper regional infrastructure network had been reached.

In turn, that commitment predicates a solution to which form, (road, rail or pipeline) and which route or combination there of, (Northern East West, Southern East West or North South), is best for transporting chromite ore from the Ring of Fire to supply and deliver chromium concentrate, ferrochrome, and nickel at the lowest long term competitive world price. Deloitte is in a position to help Ontario make that selection.

Canadians and Ontarians should not be forced to pay for the mine railway, subsidize corporate power rates and see a large part of semi-processed natural resources leave Canada.

It is not the right time for the provincial government to assume all the risks of a crown corporation in the Ring of Fire, given "uncertain mineral markets and prices, a growing provincial deficit and debt, unresolved First Nations issues and environmental assessments."

However, politically and financially, the federal government will be in such a position and the timing is perfect to meet with Honourable Bill Mauro to steer the project forward.

Honourable Joe Oliver, to accomplish all this, you merely have to publicly say "An authority model similar to the Airport/Port Transportation Authority model would be an effective model in developing infrastructure in the Ring of Fire and the Canadian government would facilitate the Ontario initiative."

Sincerely,

Laura Brown

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