Agoracom: Small Cap Investment - Noront Resources

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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Last Standing Obstacle

Ringer

Dec 12, 2015 01:44PM

fahrenheit451

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Re: Last Standing Obstacle

in response to

Last Standing Obstacle

Ringer

posted on Dec 12, 2015 04:32PM

First Nation chiefs still POed about Cliffs chromite sale

The chiefs claim the net smelter royalty agreement between Noront and its financial backer, Franco-Nevada, will hinder the mine’s construction, reduce profitability, causes more exposure to pricing cycles and means less profits are shared with area First Nations.

The chiefs are also opposed to an east-west road corridor to service Noront’s nickel deposit in the Ring of Fire. They favour a north-south corridor that will move chromite.

http://www.northernontariobusiness.com/Industry-News/mining/2015/04/First-Nation-chiefs-still-POed-about-Cliffs-chromite-sale.aspx

5 Recommendations

Re: Last Standing Obstacle

Auminer

Dec 12, 2015 04:37PM

Re: Last Standing Obstacle

fahrenheit451

Dec 12, 2015 05:35PM

Re: Last Standing Obstacle

Auminer

Dec 12, 2015 05:59PM

Re: Last Standing Obstacle