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 cities chasing Noront’s ferrochrome smelter

I recall that Cliffs had negotiated and agreed to purchase property in Capreol, just outside of Sudbury, for this purpose. Not sure if the deal actually finalized, but if it did you would think Noront would have acquired it in the bag of Cdn assets purchased from Cliffs.

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