Re: Railway starts in the middle of all NOT FWR Deposits, supporting the whole area

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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Polylabel

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Re: Railway starts in the middle of all NOT FWR Deposits, supporting the whole area

in response to

Railway starts in the middle of all NOT FWR Deposits, supporting the whole area

Goldelicious

posted on Aug 16, 2009 09:01AM

Not in the least. One rail is in then anyone who pays the 'Government Regulated' tarrif can ship in/out on it.

Intrastructure (access) means a mining camp and most likely more than one company mining and shipping out minerals. Mind you even rail spur lines cost plenty so I'd expect eventually a network of all weather roads outward from any rail head.

Rail is cheapest way to transport BUT needs a lot of tonnage for lot of years to offset initial higher cost vs all weather road. With Noront's new E1 extention, chromite and the FWR/KWG/SPQ (Cliffs) chromite I'm pretty much sold on rail being the way things will turn out.

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