Massive Black Horse Chromite Discovery

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

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Message: Coutts on BNN.....NOW

As expected...Nickel mine first in 3 years then chromite. Looks like KWG chromite may be frozen out until then. Libs and Feds can now delay major expensing by promoting the E/W route and the $700 Mil nickel mine by NOT which will also open up roadways for area FNs. Suspect the mantra will be getting this infrastructure and mine up successfully will show that the chromite mines can be done as well which will open up roads/jobs/opportunities to many other FN communities in 3 years.

Timeframe will work perfectly for Libs as 3 years from now is another election and the Feds can look to support the chromite mining with the RR, in prov processing and perhaps a port to run on in 4 years. As well, during that time economy will probably improve.

The sale to NOT was the worst case scenario for chromite. Cliffs has the last laugh....

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