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: Glenn Nolan

Inca,  Cliffs?

who knows?

because he stated the road cost as  reason the chromite project will never be developed ..(funny he never mentioned that before)...

"Morrison is predicting the Ring of Fire chromite project will never be developed because the cost of putting a road 300 miles through the muskeg is beyond the government's financial ability."

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It could also be he is trying to promote his hoverbarge idea..note the "readily available" 60 tonne hoverbarge.

I don't know if it's still readily available...but if it is ..maybe seller or renter offers a "reward" for a deal?

Notice what he said in the article below:

This is a very major deposit and it will absolutely be mined. The major source of chromite at the present time is South Africa and South Africa has some challenges relating to power and labour unrest. (The chromite in the Ring of Fire) has a whole set of other challenges relating to access, weather, etc., but it’s a very major deposit that will go ahead. It’s just a question of when.”

http://www.sudburyminingsolutions.com/hoverbarge-proposed-for-year-round-access-to-ring-of-fire.html

Using hoverbarges to transport the vast quantity of construction material and equipment needed for the development of the mines “is a means of making sure the project will move forward before the fixed link is constructed,” said Morrison. Hoverbarges, he added, can also be used to transport material and equipment for the construction of the 30 or more bridges that would be required for a fixed transportation corridor.

Ice roads, he said, won’t suffice for the tonnages required and are increasingly risky due to shortened seasons caused by global warming.

Hoverbarges, manufactured by Singapore-based Hovertrans Solutions, can carry payloads of 50 to 2,500 tonnes.

Self-propelled, diesel-powered versions can carry up to 200 tonnes and travel at a speed of 10 kilometres an hour over muskeg, water and ice. Larger units would be towed by a tractor with oversized balloon tires.

  1. Morrison has met with Cliffs, Noront and De Beers, and is exploring the possibility of tapping into Ontario’s Innovation Demonstration Fund, the federal government’s Sustainable Development Technology Fund and Fednor to fund a demonstration project using a 60-tonne hoverbarge that is “readily available.

Leasing and operating a hoverbarge for a two-year trial would cost $20 million, said Morrison, while a one-year trial would cost $12 million. Hoverbarges have primarily been used in wetland areas of the tropics by the oil and gas industry, hence the need to demonstrate their effectiveness in the terrain and climatic conditions of the James Bay Lowlands. The proposed trial would be used to determine the ideal size and figuration of the unit, and resolve any issues relating to noise and refueling.

According to Morrison, the hoverbarges would travel year-round along cleared ice road routes, which would have to be extended to the proposed mine sites from their current points of termination.

Impact on the land is a mere one to two pounds per square inch for a self-propelled hoverbarge and four to five pounds per square inch for a tractor with oversized balloon tires, he noted. In both cases, the impact is less than the seven to eight pounds per square inch attributable to a human being.

Fleet

Morrison envisions a fleet of differentsized hoverbarges, or hovercraft, to meet different needs. Larger units would be used to transport freight, while smaller and faster bus-sized units could be used as an alternative to much more expensive roads to transport people and supplies year-round to remote First Nation communities

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