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: Northern Ontario’s Ring of Fire needs a road, not rail, Noront CEO asserts

He said the right thing but is a bad way.

He should have said that a railway is needed but Not Yet. That the present priority should be on the road and only after that on the railway and possible other infrastructures.

The Eagle mine would provide some tax income to the governments who are not exactly loaded with cash. This is also so because there is a slow down in the mining sector and Eagle is practically immune to that.

One has to be able to walk before trying to run. That was supposed to be his message. Ed.

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