Of Course word of this will spread like wildfire. The time line for an official announcement could be quite soon, imo this is nearing critical mass and there's probalbly marginal time to get shares at these below wholesale prices for much longer, the line in the release about the talks ongoing holds much treasure within it structure, now confirmed.

Of course with Road comes Power etc.

Discussions with Federal, Provincial and local government agencies on
                          regional infrastructure development plans are continuing;

Local infrastructure development of the James Bay area of Northern
Ontario is identified by all affected government departments as a top
priority not only for mineral and aboriginal concerns but also for a
wide range of industries including tourism, forestry, health and
welfare. Within this dynamic, Noront is actively working with First
Nations interests and the Ontario Government to further these
developments through road and property permitting and funding efforts.
These initiatives will directly promote and position the McFauld's lake
area for infrastructure framework such as the installation of power,
and road for Noront's properties in the James Bay Lowlands.

Bay Street will be all afray.....

One more thing, with the Road comes opportunity..... 
FOR A ROAD TRIP!