So CLF is looking to spend 1 billion? Where is the other 600 million going?

Further commenting, McKinnon stated, "In conjunction with the very significant investment already made by Cliffs Natural Resources (approximately $400 million to date with projections to exceed $1 billion) and this initial step taken by HudBay, it should help to add to the Government of Ontario's recognition of the potential mineral wealth of this region and its importance to the province's economy. As a junior mining explorer, MacDonald Mines understands the need for provincial government involvement and looks forward to further exploration success and the resulting benefits to all interested stakeholders, including the First Nation Communities, the mining companies and the provincial government."