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: Aquila resources
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Babjak1
May 16, 2011 05:43PM

Another great post Babjak1.

Baosteel’s investment in Aquila appears to be another strategic sourcing issue and they are not necessarily interested in control. What they bring to the table is enhanced financing capability and China Development Bank relationships. This could be huge for Noront.

Aquila Resources Substantial Shareholders
Directors 40%
Baosteel Group 15%
M&G Investment Management 16%
BlackRock Investment Management 5%

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