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)

Free
Message: Physicians may leave if ferrochrome facility comes to the Sault, letter threatens

Ringer,

How predictable.

35 people protest in Sudbury...and Noront states.. a critical factor in chosing the location of the melter was ...assessment of community acceptance of hosting the facility...so Sudbury was out.

While in the Sault...3179 people have signed to say no to the smelter 

https://www.change.org/p/say-no-to-ferrochrome-production-in-sault-ste-marie

or this letter?

https://saultonline.com/2019/09/ferrochrome-plant-how-it-works-in-finland-letter-to-the-editor/

"The Sault Star has so far refused to allow legitimate concerns about the smelter to be printed...

no one in Tornio Finland, lived within 2.5 km of the chrome plant. The proposed site for the Soo is west of the steel plant well inside city limits...

The ferrochrome plant will be brutal for the roads in and around the city. There will be 234 incoming trucks every day carrying heavy loads of ore from the Ring of Fire"

==================================================

And the 99 year lease that was signed...who  signed that??

Article 1:

https://www.sootoday.com/local-news/ferrochrome-production-site-selected-with-99-year-lease-on-the-table-1704267

Noront Resources Ltd. has entered into agreements with Algoma Steel Inc. and Hatch Engineering in order to advance further development of the Ring of Fire project. 

The agreement will see Noront enter into a 99-year lease of a 100-hectare brownfield property just west of Algoma’s existing operations - a parcel of repurposed land that could potentially serve as the site of a ferrochrome production facility - pending a five-year period of environmental assessment and public consultation. 

Article 2:

http://www.canadianminingjournal.com/news/chromite-noront-choses-algoma-steel-hatch-for-ring-of-fire-projects/

Algoma has signed a five-year, renewable option to lease a brownfield property in Sault Ste. Marie for 99 years where a ferrochrome plant will be established. Noront will also issue 750,000 common shares and 750,000 warrants to Algoma.

========================================================

 much like Outokumpu's stainless plant in Calvert Alabama located adjacent to Arcelormittal's plant, I believe it will be Outokumpu located west of  Essar Algoma on that leased land.

The articles below are worth a re-read. My opinion was and still is today..that the smelter will be in Timmins.

http://www.netnewsledger.com/2013/08/31/chromite-crumbs-or-stainless-steel-for-ontario/

http://mininglifeonline.net/news_view_5099.html

  "Five Nations Energy Inc. (FNEI) a Mushkegowuk based transmission line company, was planning to bring electricity to Ring of Fire, a potential smelter in the Timmins area and Matawa communities."

Share
New Message
Please login to post a reply