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: Ring of Fire Hot Jobs full article

Hi All,

Somehow, the bottom of the article I posted got cut off.

I repasted below the portion cut off.

Here also is the link: http://www.timminspress.com/ArticleDisplay.aspx?e=2779004

By reading this below, it looks like Cliff's will have a chromite competitor.

Noront's goal is to goal is to get the nickel-copper mining operation up and running first.

"We're currently four months into a 12-month feasibility project," said Semple.

Asked by one of the members in the audience what timeframe he is looking at for startup of operations, Semple said they're looking at at copper-nickel production beginning in 2016. That would include a two-year permitting process.

That would be tentatively be followed by the startup of chromite production in 2020.

Semple said getting chromite operations off the ground pose a greater challenge, he said, it requires more extensive infrastructure, namely a greater power supply.

Semple has worked 26 years in the mining industry, with much of that focused on feasibility studies, project development and operations of previous and base metals deposits.

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