Highly prospective exploration company

Resource projects cover more than 1,713 km2 in three provinces at various stages, including the following: hematite magnetite iron formations, titaniferous magnetite & hematite, nickel/copper/PGM, chromite, Volcanogenic Massive and gold.

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Message: Gov. Of Canada news release on Friday

Agree, game changer. Major take aways for us we can take from the funding.

- The process is expected to be feasible in real environment, otherwise there would be no investment and backing of government. Also talking to Foaud there is full convidence there, it is a proven method. Just to give some context, the Magpieprocess is considered by some metallurgists as being simpler, leading to lower operating costs (about 20-25%) compared to process Argex was hyped about, and in the end lower CAPEX.

- The process is cost efficient and green, therefore this particular interest of government. This would in return would be ofcourse from high interest of commercial users for the same reasons.

 

 This is just the beginning, with the backing of the government it is just question of when we will also get backing of commercial partners. And that is offcourse of interest for us the shareholders.

glta

 

 

 

 

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