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)

Free
Message: Back home

Luker, Sounds like the powers to be did a good job pitching Thunder Bay as the preferred location for the chromite smelter. As I keep reading, the problem with many locations is power supply. Not only is the supply an issue but moreso the cost of the electricity needed to opperate a sufficient sized smelter. Seems Ontario's hydro costs are prohibitive compared to our neighbours both to the east and west. The question I pose, undestanding that I have no idea on construction costs, is why not build a private power plant. I understand that the natural gas trunkline passes through Geraldton, Hearst and Kapuskasing before turning south to North Bay. It would be, I am sure, a substantial outlay of capital. In the end there is perhaps more control of both costs and assured electrical supply. These cities are also closer to the ore source than lets say Sudbury or Thunder Bay. Just a thought for discussion.

the deputy

Share
New Message
Please login to post a reply