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: Smelter won't go where it's not wanted, Noront

"When fully built out, the proposed plant’s four electric arc furnaces will draw 300 megawatts of power."

"Noront is looking at employing sealed electric arc furnaces running at low temperatures which will create an “enclosed reducing environment” that prevents the ore from oxidizing and producing chrome-6."

"Ultimately, if we can't find a way to get good power rates and deal effectively with greenhouse gases, this (chromite) ore will get processed overseas,” said Coutts.

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Has Coutts not heard of direct reduction with NG that NRCan has been testing?  Is this a negotiating tactic to get a better deal with KWG who seems to have all the answers?  They are on the same Steering Committee.

http://reechromite.ca/en/chromite/committees/

STEERING COMMITTEE MEMBERS

Industry

Noront Resources – Stephen Flewelling (co-chair)
KWG – Frank Smeenks

I am sure they have heard of each other?????

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http://www.marketwired.com/press-release/kwg-resources-inc-globe-mails-ring-fire-claims-disregards-news-ottawa-investment-cse-kwg-2185198.htm

"as a participant in both the Steering and Technical Committees supervising the Chromite Research Project of Natural Resources Canada's CanmetMINING laboratories, KWG is aware of the Government of Canada's commitment to advancing resource development in the Ring of Fire through research and development with industry to address increased efficiency and green processing technologies as they relate to chromite with the understanding that chromite deposits located in Ontario's Ring of Fire have production potential that could make Canada a significant global producer, processor and supplier of products that contain chromium."

http://kwgresources.com/reducing-energy-consumption-by-alternative-processing-routes-to-produce-ferrochromium-alloys-from-chromite-ore-2/

"A techno-economic study on the new process identifies a reduction in overall energy consumption of 70% against conventional processing and approximately 40% lower than the current best practice. By utilizing more natural gas than coal based energy sources, the KWG process is able to show an overall 50% reduction in greenhouse gas emissions compared with the most energy efficient current practice. The impact of the new process on future processing is therefore regarded as highly significant, with global energy reductions equivalent to the effect of completely eliminating energy demand from a country the size of Italy."

http://kwgresources.com/gas-reduction/

"The need for subsidized electrical energy is eliminated."

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Come on guys lets get this done already.  Stop posturing and get together.

GLTA

Ringer

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