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: Sudbury junior miner breathes life into Far North, Quebec projects

Luker,

Thanks for posting the article...

Two things stuck out to me.

If Neskantaga was still opposed to the road why sign an EEBA with Northern Superior Resources?

Northern Superior mentions they stopped exploration in the area 30km from the ROF because of the expense of operating in this remote region during the downturn?

And they are back this summer and starting exploration ...because operating in this remote region has suddenly changed cost wise?? How has the cost changed since it is stil remote?

Or ...is it because the sentiment of exploring ....in this area will be changing soon....

 

This summer they’re putting boots back on the ground at their Ti-pa-haa-kaa-ning (TPK) gold-silver-copper property in the James Bay lowlands.

Due to the expense of operating in the remote region, the project was shelved during the downturn.

They’ll look to complete the prospecting program and structural study that was placed on hold in 2012 and search for drill targets to further explore in early 2018.

 

From Sedar Northern Superior Resources intermin financial statements

"Initiated engagement protocols with Neskantaga First Nation as per the Early Exploration Benefits Agreement (EEBA) between the First Nation and the Company;

and • Visit to the Company’s exploration camp to determine maintenance requirements and associated materials necessary to complete camp renovations in advance of the exploration program in Q3 2017 and the core drill program Q1 and Q2, 2017."

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