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)

Free
Message: Re: pig nickle
20
Jun 13, 2010 02:02PM

Nickel pig iron may cause some of Sudbury's mining to be diminished or closed but instead of that being a negative for Noront it may likely be a slight positive. Not only from our cheap production potential ( yes, infrustructure needs completion for that ) but from the mines being idle in Sudbury they would need ore to process to keep functioning and locals employed. That could serve as an incentive for a big cap to take a serious interest in Noront's nickel.
There is already a copper mine idle in Timmins, so the copper with the precious metal is an additional bonus.

Cheers.

Share
New Message
Please login to post a reply