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: Interesting activity this year Part I

Back in June of this year:

https://im-mining.com/2019/06/10/metso-add-mobile-crushing-screening-specialist-group/

Metso has signed an agreement to acquire McCloskey International, a Canada-based mobile crushing and screening equipment manufacturer with market share in the aggregates sector, as well as customers in the frac sand and industrial minerals segments.

“The mobile aggregate equipment market is expected to grow by 4-6% annually during 2019-2023, driven by the underlying road construction spend,” Metso said. “With this acquisition, Metso will be able to better take part in the attractive growth of mobile products within the aggregates industry.”

It strengthens the aggregates business in key growth areas. Closing is expected to take place during Q4 2019.

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July of this year:

Combination of Metso Minerals and Outotec – Metso Flow Control to Become an Independent Company

"Metso and Outotec jointly announced the combination of Metso Minerals and Outotec to create a leading company in process technology, equipment and services serving the minerals, metals and aggregates industries, and Metso Flow Control to become a separately listed independent flow control equipment and services company under the name of Neles. Subject to regulatory approvals, closing is expected in Q2/2020."

Outotec is involved in Noront's feasibility study. Outotec is the spin off of Outokumpu, Ian Pearce, former Xstrata, X2 is a board  member at Outotec.

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