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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Jul 17, 2017 11:12AM

Noront to reveal plans for chromite smelter

THE CHRONICLE-JOURNAL | Posted 1 hour ago

The Ring of Fire mining development in Northern Ontario appears to be back on track. Noront Resources will host an information session for local media Wednesday on its plans for a ferrochrome processing facility in the North.

 

Details on timing and location are expected to be released by Alan Coutts, president and CEO, and Stephen Flewelling, chief development officer of Noront, the main player in the rich zone 400 km northeast of Thunder Bay.

The area has shown evidence of major chromite deposits and other minerals. Chromite is used in the manufacture of stainless steel.

The development has been on hold for several years over negotiations with First Nations and a decision on whether transportation into and out of the area will be by road or rail.

The City of Thunder Bay issued a statement Monday to say the

Thunder Bay Community Economic Development Commission (CEDC) along with Fort William First Nation Economic Development Corp., “have invited Noront Resources to deliver an exclusive presentation to discuss their plans to construct a ferrochrome processor facility (FPF) in Northern Ontario. The presentation will be followed by a brief update regarding the status of Noront’s Ring of Fire deposits.”

The briefing will be held at 5:30 p.m., Wednesday at the Valhalla Inn.

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