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: what's next?

Ontario made the announcement sharing a portion of mining revenues with Mushkegowuk

What is coming for Mattawa?   My guess is the same deal from the Gov't as fas as the mining tax revenue sharing.

But, most likely with a sweetened deal from Noront.

Back in Oct. 2017 if you go to almost the end of this video..1.13 of 1.21

https://www.youtube.com/watch?v=asbEFN51au0

You'll hear nolan talk about  the offer of a 10% equity stake of Noront not just for eagles nest but for the chomite...given to Mattawa.

The RCF loan with Noront used to be 15million converted to 45 cent shares.

It was later changed to 15 million converted to 34 cent shares.

That coincidentally works out to approx 10% of Noront.

The loan can be converted into shares on or before JUNE 30, 2018.

The timing is interesting.

 

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