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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Message: Ontario Government to create Ring of Fire Office

from gov site

Jobs and Growth in the North

  • A three-year Northern Industrial Electricity Rate Program of about $150 million annually, for qualifying large industrial facilities to reduce their electricity prices by an average of about 25 per cent
  • $45 million over the next three years for a new project-based skills training program to help Aboriginal Peoples and northern Ontarians participate in and benefit from emerging economic development opportunities, such as the Ring of Fire
  • A new Ring of Fire Coordinator to lead the collective effort in advancing the economic promise in the area of the Ring of Fire
  • A proposed permanent Northern Ontario Energy Credit to help eligible low- to middle-income northern residents with the higher energy costs they face.
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