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Message: Ontario sets timeframe for road construction into Ring of Fire mining camp

http://www.miningweekly.com/article/ontario-sets-timeframe-for-road-construction-into-ring-of-fire-mining-camp-2017-08-23

 

 

 

Ontario sets timeframe for road construction into Ring of Fire mining camp

 

The Ring of Fire’s rich ores are estimated to hold some C$60-billion worth of nickel/copper/platinum group metals mineral wealth
 

 

23rd August 2017

By: Henry Lazenby
Creamer Media Deputy Editor: North America

 

 

VANCOUVER (miningweekly.com) – Following years of complex negotiations and many delays, the Ontario provincial government on Monday made the historic announcement that it will support and fund road proposals that will connect Northern Ontario’s far-flung First Nation communities and provide industrial road access to the emerging Ring of Fire (RoF) mining district.

 

A political hot potato since its discovery in 2002, the RoF’s rich ores are estimated to hold some C$60-billion worth of nickel/copper/platinum group metals mineral wealth, a figure still touted by both the federal and provincial governments for years, albeit perhaps calculated at a time when metals prices were considerably higher.

 

Prospective miners in the region, as well as resident First Nations welcomed the announcement by Premier Kathleen Wynne.

 

“The entire RoF region has huge potential for development that would benefit all of the communities involved and the entire province – creating new jobs and improving the quality of life for people in the North. Getting shovels in the ground to build this connection to the RoF will move us forward towards unlocking its full potential,” Wynne said in a statement on Monday.

 

The significance of the announcement is that government has for the first time committed itself to a timeframe to get shovels in the dirt across vectors spanning the vast muskeg wastelands of Ontario’s Far North, instead of merely budgeting significant amounts for several years.

 

The provincial government will backstop the construction of an east-west road connecting Webequie and Nibinamik First Nations, to the provincial highway network north of Pickle Lake. This road will continue from the community of Webequie eastwards, towards the vestal RoF.

 

The commitment further entails construction of a north-south community access road that is being planned for construction by the Marten Falls First Nation, with an option to expand the road to the RoF tied to the development of, and business case for, chromite mining in the region.

 

An environmental assessment of both road projects is expected to start by January 2018, followed by construction in 2019 pending all necessary approvals.

 

"The success of the related project development in the RoF is dependent on the immediate implementation of the statement of joint commitments developed with the province to work with the community on various jurisdictional matters," Webequie First Nation Chief Cornelius Wabasse said in a statement.

 

ECONOMIC DYNAMO
Building the roads is a critical step in realising the economic benefits of one of the biggest mineral-development opportunities in Ontario in almost a century, the Ontario Liberal government said.

 

Since 2014 budgeted C$1-billion for RoF related infrastructure, but according to its Monday press release, has only spent C$111-million since 2011, to help communities and tribal councils prepare for RoF development opportunities.

 

While the Ontario government said it is working with the Webequie, Marten Falls and Nibinamik First Nations to plan and construct the year-round access road, the biggest benefactor of the government support is TSX-V-listed Noront Resources, and its proposed Eagle’s Nest nickel/copper/platinum group metal mine

 

“Establishment of a road network with agreement on industrial access is our most important project advancement milestone, and we are very pleased to see it move ahead. We look forward to working closely with the province and First Nations communities through the road construction and mine development processes,” Noront president and CEO Alan Coutts stated in a press release.

 

The government timeframe allows Noront to advance its pre-development work and ready itself for the three-year construction of its Eagle’s Nest mine. Its, and other bulk-commodity projects focused on the RoF’s significant trove of high-grade chromite, will probably follow suit, pending the development of a north-south bulk transport corridor.

 

ACCESS OPTIONS
Noront is the largest landholder in the emerging mining district. Eagle’s Nest will be the company’s first project and would use the planned east-west all-season road, while its future larger-scale chromite project would use the north-south road, which will allow for bulk chromite ores to be moved to market.

 

Meanwhile, junior KWG Resources and its partners Bold Ventures and Fancamp Exploration, on Tuesday welcomed the provincial government’s announcement.

 

KWG Resources has undertaken to strike an equal partnership with the Marten Falls First Nation to kick-start infrastructure development in the remote emerging mining district. The company has also appointed a China-based consulting engineering group to undertake a conditional bankable feasibility study (BFS) on a proposed railroad from the mineral properties in the RoF, to a junction with the CN Railroad at Exton, Ontario.

“We have offered to make the First Nations full partners in our railroad and mining operations. The announcement by Premier Wynne yesterday will enable us to formalise that partnership and assist Marten Falls with an environmental assessment of their joint access route,” KWG CEO Frank Smeenk said.

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