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: Re: The optimistic route
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rj
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Aug 27, 2016 05:24PM

I am also suspicious of the road costs from KWG. Longer route than Noront's but cheaper? I do not think a 30 thousand dollar study is going into details as deep as one
ten to twenty times more costly.

Noront was saying way back that the winter road route used higher ground and bridges should be fewer and smaller than any route following lower ground (Albany River for
N-S route as example). Winter roads do take advantage of lakes after freeze up but these would be by-passed for permanent road.

Big difference in cost is likely in what type of road ends up. If you build for heavier vehicles and with many passing lanes as is likely in Noront study (consider passing a heavy truck on a single lane in one direction on a winding road) then obviously costs go up.

As for Noront spending money on drilling, some of you forget that not so long ago there were complaints here and some sold and went away because Noront was not doing enough to support share price. The additional claims in our portfolio is another share supportive action. Now that they are acting, complaints from other shoe?


I just tried to send a Private Message but it is not yet working. Will continue testing. Ed.

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Aug 28, 2016 08:02AM
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