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: Drop in the bucket - compared to the others
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The $81 billion promised in the economic update includes:

  • $25.3 billion for public transit over 11 years
  • $21.9 billion for green infrastructure over 11 years
  • $21.9 billion for social infrastructure like affordable housing, child care centres and recreational infrastructure over 11 years
  • $10.1 billion for trade infrastructure over 11 years
  • $2 billion for infrastructure in rural and northern communities, including internet connectivity and expanding road access, over 11 years
  • $35 billion for a Canada Infrastructure Bank, including $15 billion from the other infrastructure funds
  • $218 million for “Invest in Canada” hub to attract new business
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