NICKEL-COPPER-PGM DEVELOPMENT: Project description available for Eagle’s Nest deposit

ONTARIO - Noront Resources of Toronto has filed the project description for its Eagle's Nest nickel-copper-platinum group deposit in the James Bay Lowlands. The company is proposing a 1.0 million t/y underground mine and mill. The mill is to be...

ONTARIO - Noront Resources of Toronto has filed the project description for its Eagle's Nest nickel-copper-platinum group deposit in the James Bay Lowlands. The company is proposing a 1.0 million t/y underground mine and mill. The mill is to be built underground.

The mine and mill will produce approximately 150,000 tonnes of concentrate annually, which would be pumped via a buried pipeline, approximately 100 km west to a proposed site named Webequie Junction. This site is located approximately 20 km south of the community of Webequie. A filtering and drying plant will be constructed at Webequie Junction to treat the concentrate, recycle the water back to the site and transfer the concentrate to truck for shipment to a proposed railhead near Savant Lake.

A diesel generating station will be established at Webequie Junction and power will be brought to site via a new line. Both the power line and the buried concentrate slurry pipeline will follow a winter road that is proposed between the Eagle's Nest deposit and Webequie Junction. The winter road will limit the environmental footprint on the James Bay Lowlands.

At the end of the winter road from Eagle's Nest to Webequie Junction, an all season road is proposed to connect Webequie Junction to Highway 808 northeast of Pickle Lake. This proposed route generally follows the existing Ministry of Natural Resources winter road corridor thereby limiting the environmental impact. This route will allow truck haulage of concentrate to a proposed rail facility.

During operation, mine consumables supply will utilize the same route, the proposed all season road to Webequie Junction followed by the winter road to site. People and perishable goods will be flown to a proposed airstrip.

The latest corporate presentation is accessible at the company's home page, www.NorontResources.com. The presentation is exceptionally informative.

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