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: Re: Here we go...2
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Aug 24, 2017 07:27PM
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Aug 24, 2017 09:14PM

Edgy, 

You wrote:

And the Ring of Fire lies on the traditional land of Marten Falls First Nation." Huh? Babjak, that land if it belongs to any one at all is foremost Webequie's. There should be no doubt about that. All the others are more or less claim jumpers.

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 Hoov already pointed out some information you , but you can also add this in:

http://www.cbc.ca/news/canada/thunder-bay/noront-marten-falls-1.4069294

Noront Resources Ltd. announced Thursday it has signed an exploration and project advancement agreement with Marten Falls First Nation in northern Ontario.

The agreement compensates Marten Falls for work that has been completed on their traditional land, the company said in a news release.

It also outlines a one year process that will be used to negotiate a pre-development agreement for the Eagles Nest nickel, copper, platinum and palladium mine located in northern Ontario. 

Under the terms of the agreement, Marten Falls will become a shareholder of Noront Resources after fulfilling certain obligations.

The company has agreed to issue 311,111 shares of Noront stock valued at $0.225, the closing price on April 12, 2017, subject to TSX Venture approval.

Chief Bruce Achneepineskum said in the news release the agreement is "a step towards a prosperous and sustainable future for both the youth and community of Marten Falls First Nation."  

Noront President and CEO Alan Coutts said "it marks the beginning of a long-term relationship that will provide opportunity and mutual benefits for both parties."

The Ring of Fire mineral deposit is located in the traditional territories of Marten Falls First Nation."

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