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: Re: Cliffs NEWS .. Good stuff..
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Feb 03, 2011 07:40PM
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Feb 03, 2011 08:03PM

Ontario Power Generation will produce more clean, renewable electricity by adding generating units at existing stations in Little Long, Harmon, and Kipling. It will also replace the existing Smoky Falls Generating Station (GS) with a new three-unit station at the same site.

In total, the project will produce approximately 440 megawatts (MW) of new hydro power without creating new dams on other rivers. This reduces the environmental impacts that would otherwise be caused by new developments.

The stations are located approximately 70 kilometres north of Kapuskasing and 200 kilometres south of Moose Factory.

Hydro stations typically remain in service for 90 years or more. Hydro electricity is crucial to the electricity system because it can provide renewable energy on demand when it’s needed most.

First Nation Partners
Construction of the $2.6-billion Lower Mattagami Project is underway. OPG's Partner in the project is the Moose Cree First Nation, which will have up to a 25 per cent equity share in the project.

For more information on the Moose Cree First Nation, visit their website at www.moosecree.com.

Also

Ontario Power Generation Inc. (OPG) is proposing to develop approximately 100 megawatts of renewable hydroelectric power through the construction of two generating stations on the Little Jackfish River, which drains into Lake Nipigon (Proposed Undertaking). There is no existing hydroelectric development on the river. Each generating station will include a dam with a water intake and by-pass structures, a powerhouse and a tailrace channel. Associated facilities include access roads, borrow areas for construction materials and a large temporary construction camp. Transmission facilities to connect the Proposed Undertaking to the provincial grid will be required by a separate transmitter.

OPG is committed to consulting with the respective First Nations and Métis, government agencies, the public, and other interested stakeholders on the Proposed Undertaking. Input and comments will be considered during the environmental assessment process.

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Feb 03, 2011 09:19PM
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