Hi all
In this period of continuing silence from Management, I was rereading the article on the Ring of Fire recently posted here from the Northern Miner (Feb. issue I believe). Joe Hamilton's overall remarks to the writer seemed positive. The folowing comments provide some insight. Let's hope we get the major news soon!
From Northern Miner article,
"In the meantime, Noront is considering building a winter road from either Marten Falls or Webequie in order to support ongoing exploration. Currently, all the exploration is serviced by helicopters or float planes at great expense. "If we could get a loop between the two communities that would be even better,"Hamilton says.
He estimates the winter road would cost about $1,000 per km to build and maintain every year, but there is the opportunity to offset these costs by charging a toll to other exploration companies thaat would benefit from road access to the Ringof Fire.
Noront is currently focusing on the Blackbird chromite deposits partly because they are easier to drill in the winter and partly because Noront wants to get a clearer picture of how chromite will fit into the economic model for McFaulds Lake.
By mid-March, the company will move their drills to the southeastern area of the Ring of Fire to step out on anomalies along strike from the nickel and chromite deposits it has already discovered.
After a lull during breakup in May, exploration will resume, most likely in the northern areas of the belt that have not yet been explored, Hamilton says."
Strato, I agree with you. Until we get news, it's pretty much "Lurking" time.
cheers,
jacki79