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)
Message: Musselwhite-Watay-Va... Construction
Tinman, great posts!
The East west route makes sense for many reasons
It is also the route that taxpayers paid $787,628 for the study. There was no such investment for study by both governments for a north south road.
But there is something else that can be seen in the original News Release. it is this paragraph and in particular the sentence bolded and underlined:
Noront PR rep Janice Mande added that Goldcorp TSX:G has shown interest in Noront’s proposal as a route for transmission infrastructure. The major’s fly-in/fly-out Musselwhite mine lies roughly 130 kilometres southwest of Eagle’s Nest and Blackbird
The route would upgrade an existing winter road to all-weather status. Among its advantages, it “avoids provincial parks, avoids areas of special interest to aboriginal groups and provides the greatest benefit to first nation communities,
Goldcorp's transmission project became the Watay project in the end.
What is interesting is the delay of the noront all season road also corresponds to the delay of the watay start date.
Originally the start was late fall 2019 for the watay project construction .. and is now first quarter 2020
Watay Project is expected to be completed by 2023. Upon completion, it is expected to become one of the largest electric infrastructure projects designed to connect remote societies in Ontario to the provincial transmission grid.
The company noted that pre-construction works will commence immediately, with construction works expected to begin in the first quarter of 2020.
Harper and Wynne Governments Invest in First Nations and Economic Development in Ring of Fire Region
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