Agoracom: Small Cap Investment - Noront Resources

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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De Beers

tequilarose

Dec 06, 2016 10:41PM

herbwiebe

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Re: De Beers

in response to

De Beers

tequilarose

posted on Dec 07, 2016 10:10AM

"If De Beers has a diamond mine near Attawapiskat, how are they getting in and out of the area. I don't get it. They must have gone through the process of development that ring of fire is struggling with now. Can anyone shed light on this?"

T.R. - Diamond mines are a lot different than the mines and access required for nickel and chromite. A diamond mine needs equipment brought in which can be brought in over ice roads once a year. The product that is mined can be shipped out in a small aircraft as the diamonds don't weigh that much. Chromite needs a rail line to move the product efficiently and the nickel et el can be brought out with a road system... It's a much different requirement for the 2 companies...