re:Noront Announces Acquisition of MacDonald Mines Properties and

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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BigD70

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re:Noront Announces Acquisition of MacDonald Mines Properties and

in response to

Noront Announces Acquisition of MacDonald Mines Properties and

RockLicker

posted on Aug 08, 2016 08:46AM

The Eagle's Nest site is currently accessed only by air and winter road, therefore, development requires an all-season road. Noront expects to access the mine through an existing East-West corridor to be shared with local First Nations communities. The federal and provincial governments recently funded a community-led study of this route and are expected to make a joint announcement with local First Nations this year regarding plans for an access road. The Company anticipates that mine construction will begin in 2018 when road construction starts, resulting in first concentrate production in 2021.