HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: Another Place But...A railway to Arctic riches

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There is always costs and they can be over and above what is estimated, but as they state here, it is high.

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The rail line is the trickiest part. It will cost nearly $2-billion, or up to $13-million per kilometre, and take four years to build. Construction will require more than 1,000 workers, divided into four teams camped out along the route. The track will run from the mine site to a new port at Steensby Inlet, along the western side of central Baffin Island. Mapping the route took years because of the difficult terrain; the rail line will require 31 bridges and two tunnels, including one measuring 1.3 kilometres.

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Have a great weekend

.......RL

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