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: Marten Falls First Nation and KWG to Create Mining Partnership

Ed, we can ask Noronts IR to clarify the consequences of that deal; given that Noront is a major shareholder of KWG (and that we are major shareholder of Noront ;-)

I think it means FN get 50% of KWG's share of the project, which is 30%. And as I understand it, this ensures the construction of the railway as such (also serving Noront's 70% stake). So how much did they give away, in the end?

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