Re: Chief explains Ring of Fire protest.... Northern Miner...Glorieux

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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Re: Chief explains Ring of Fire protest.... Northern Miner...Glorieux

in response to

Re: Chief explains Ring of Fire protest.... Northern Miner

glorieux

posted on Feb 02, 2010 01:51PM

Hi GLorieux

here is what you said

"Your comments pertaining to Noront offering trinkets at Christmas and operating like 300 years ago is also way off base. Noront has given the FN a payment for drilling. I have heard this is a per feet of drilling payment that has resulted in serious money for the 1st nations"

This is from Northern Ontario Business

Last September, Marten Falls signed a compensation agreement with Noront Resources for past exploration work already performed at their exploration camp. Moonias said it amounted to $2 per metre for holes already drilled, but added no agreements for future exploration work has been signed with Noront or any other company.