Agoracom: Small Cap Investment - Spider Resources - Ring of Fire mine, railway

Welcome To The Spider Resources HUB On AGORACOM

First Explorer at the "Ring of Fire" and presently drilling on the "BIG DADDY" Chromite/Pge's jv'd property...yet we were robbed

Reply New Message

Prev Message Back To Forum Threaded View Next Message

RockLicker

Rank: President [?]

Points: 101894 [?]

Votes: 328 Score: 3.9 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Ring of Fire mine, railway - Re-Cap

posted on Dec 28, 2009 08:50PM

Bob Middleton of Canada Chrome Corp (KWG ReSources) stated that a long haul Railway would be capable of moving (4) four million tons of ore per year.....

..........

Canada Chrome will operate the mine and build a 350-kilometre long haul railway capable of moving four-million tons of ore a year from McFauld's Lake to Nakina in northwestern Ontario to connect with the Canadian National Railway's (CN) main line.

.........

Tonnage and Mine Life to last 150 to 200 years......

Middleton said there is enough tonnage in the McFauld's Lake deposits to see chromite production last 150 to 200 years.

.............

Link for this story ..

. http://www.northernontariobusiness.com/Industry-News/mining/Ring-of-Fire-mine,-railway--will-change-lives-320.aspx