Noront Resources

High-grade Ni-Cu-Pt-Pd-Au-Ag-Rh-Cr-V discoveries in the "Ring of Fire" NI 43-101 Update (March 2011): 11.0 Mt @ 1.78% Ni, 0.98% Cu, 0.99 gpt Pt and 3.41 gpt Pd and 0.20 gpt Au (M&I) / 9.0 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inf.)

Home Videos Research Press Release Q&A Discussion

Threads Posts

Anonymous

about 15 years ago

about 15 years ago

about 15 years ago

Re: Anonymous/glorieux

Noront Resources

about 15 years ago

Re: Anonymous - Glorieux

Noront Resources

about 15 years ago

in response to glorieux's message

Cliffs style is to not take control of a company but instead take a minority position which results in them being the operator of the mine for a management fee.

At the Sherman Mine in Temagami, Ontario Cliifs owned 10% and Dofasco 90%. Cliffs were the operator and were paid a management fee.

Cliffs are a minority owner and operator of the Wabush mine.

Similar situation prevails in their Michigan operations.

AFS