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)
Message: Ontario Budget PDF
Link to Ontario budget 2015
http://www.fin.gov.on.ca/en/budget/ontariobudgets/2015/papers_all.pdf
The Ring of Fire, located 540 kilometres northeast of Thunder Bay, has chromite and
nickel deposits estimated to be of $60 billion value. The 2014 Budget committed up
to $1 billion towards strategic transportation infrastructure development in the Ring of Fire region. In the summer of 2014, the government established the Ring of Fire Infrastructure Development Corporation to create partnerships with industry and First Nation communities to facilitate investment decisions in strategic transportation.
See Chapter III: National Leadership — Strong Ontario, Strong Canada for more details
about the Ring of Fire. Renewing Ontario’s Mineral Development Strategy Ontario is a global mining hub and the largest mineral producer in Canada, with the value of mineral production reaching $11 billion in 2014. To further strengthen its position as a world leader in mining, the Province released a discussion paper on March 2, 2015, to renew its Mineral Development Strategy. The government is currently consulting with industry, Aboriginal communities and other interested parties for their input on addressing key challenges and opportunities. A renewed strategy is expected to be released later this year.
Infrastructure: Building to Grow
Modern infrastructure is vital to Ontario’s growth and quality of life; it forms the backbone of a well-functioning economy and prosperous society. Infrastructure includes roads, bridges, public transit, water systems, hospitals and schools — in other words, important elements that help our economy grow and modern society thrive. We need efficient modes of transport to move goods to market, and to move commuters between their homes and workplaces. That is why we are renewing and expanding Ontario’s infrastructure. The government is investing more than $130 billion across the province over 10 years. These investments would support over 110,000 jobs per year on average. This investment will fund projects in public transit, highways, schools, health facilities, postsecondary institutions and other assets from Cornwall to Kenora and from Windsor to Moosonee. Moving Ontario Forward is a plan to create jobs, boost productivity and revitalize communities. Unlocking the value of certain government assets will allow us to increase the dedicated funds available for Moving Ontario Forward by $2.6 billion, to $31.5 billion over 10 years. It will allow us to accelerate service enhancements on the GO Transit network, laying the foundation for Regional Express Rail. It will also allow us to enhance regional mobility by investing in new transit projects in Mississauga, Brampton and Hamilton. Outside the Greater Toronto and Hamilton Area (GTHA), it will allow us to invest in priority projects such as helping more communities gain access to natural gas, continuing to improve roads and highways and investing in the Ring of Fire in northern Ontario.
Committing to infrastructure development, including transportation,
in the Ring of Fire region.
The Ring of Fire
In the 2014 Budget, Ontario committed up to $1 billion for strategic transportation
infrastructure development in the Ring of Fire region, located about 540 kilometres
northeast of Thunder Bay. Ontario is calling on the federal government to match the
Province’s investment to develop the necessary infrastructure.
Recently, Ontario and the federal government announced more than $785,000 for a
joint study in the region. Funding is being provided to remote Matawa communities to
examine the benefits of developing an all-season transportation corridor connecting
First Nation communities in the area with existing roadways. The road would establish
a transportation corridor connecting the area of mineral deposits and four remote First
Nations (Webequie, Eabametoong, Neskantaga and Nibinamik) to Pickle Lake, Ontario,
about 500 kilometres northwest of Thunder Bay. The study supports Ontario’s plan to
drive development in the Ring of Fire and ensure its tremendous potential can be
realized for First Nations, Ontario and Canada.
In the summer of 2014, Ontario established the Ring of Fire Infrastructure Development
Corporation to move forward in a smart, sustainable and collaborative way with First
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