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: east west road study to be completed next spring

"The province and the federal government earlier jointly set aside $800,000 for a study into the best location for a main access road. The study is slated to be complete sometime next spring"

http://www.chroniclejournal.com/news/local/ring-of-fire-player-feels-pressure/article_2b50ad4a-837c-11e5-8122-1baaeda09e29.html

"Coutts wouldn’t comment directly on the story, but acknowledged the company has been urging the province to make good on an earlier commitment to spend $1 billion on key RoF infrastructure, including roads and hydro.

An east-west access road, which would connect the Eagle Next mine site with Pickle Lake, is alone expected to cost $500 million.

“When I meet with our investors, these are the things they ask me about,” said Coutts. “They want to know if anything is happening up there, that we’re not just spinning our wheels.”

“They want to see tangible progress.”

Northern Development and Mines Minister Michael Gravelle said he’s aware of Noront’s concerns.

“On a personal basis, I’ve spoken to (Coutts) several times recently to discuss our mutual goals to achieve progress, while we ensure that the First Nations directly impacted by this major resource development project see real and tangible benefits,” Gravelle said in an email.

The province and the federal government earlier jointly set aside $800,000 for a study into the best location for a main access road. The study is slated to be complete sometime next spring.

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