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: Budget a dud

This too, but nothing new, I agree - it's about whether or not Feds pitch in their budget:

http://www.fin.gov.on.ca/en/budget/ontariobudgets/2016/papers_all.pdf

Ring of Fire

Ontario has also committed up to $1 billion for strategic transportation infrastructure development in the Ring of Fire region, located about

540 kilometres northeast of Thunder Bay. The Ring of Fire Infrastructure Development Corporation has been established to support smart, sustainable and collaborative development in the Ring of Fire region, and has completed a number of studies to help inform infrastructure planning.

The Province also continues infrastructure planning with First Nations.

Ontario and the federal government jointly funded a community-based study of all-season access roads and the Province is also providing funding to First Nation communities for capacity building and social supports. For example, approximately 2,000 clients from Matawa First Nations communities have participated in education and skills training programs. The Province also continues to work actively with industry partners on development opportunities. The Ring of Fire project will support economic development in northern Ontario and provide benefits for Indigenous communities, Ontario and Canada as a whole.

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