Mining News
Our house is 23 kilometres west of downtown Geraldton, in the Municipality of Greenstone. The site of Hardrock Property of Greenstone Gold Mines is about 20 km east of us. The final environment assessment has been approved, and construction of the new mine is scheduled for the coming year, 2020. Hundreds of workers will be coming and staying indefinitely. We anticipate the local housing market will soon be heating up. Our house is far enough away that we have zero concerns about noise, dust, or traffic.
The sites of Noront Resources Ltd. and KWG Resources Inc. in the Ring of Fire, 280 km north of Greenstone, are garnering a lot of attention. Greenstone is the gateway to what may well be the largest chromite deposits in the world as well as substantial base metals. Chromite is an essential ingredient in the manufacture of steel. Greenstone is positioned to take advantage of coming prosperity. GREENSTONE GOLD MINES Greenstone Gold Mines is a 50/50 partnership between Centerra Gold Inc. and Premier Gold Mines Limited for the joint ownership and development of the Hardrock, Brookbank and Viper Properties. http://www.greenstonegoldmines.com/ The Hardrock property is situated in the Thunder Bay Mining Division of Ontario, located approximately 275 kilometres northeast of the city of Thunder Bay, Ontario and approximately 2 kilometres south of the town of Geraldton, Ontario. http://www.greenstonegoldmines.com/article/overview-122.asp NEWS, 2 April 2019 > Premier Gold sheds non-core assets / Thunder Bay miner sells, options eight properties in Northern Ontario and Mexico / Apr 2, 2019 8:00 AM by: Northern Ontario Business Staff: https://www.northernontariobusiness.com/industry-news/mining/premier-gold-sheds-non-core-assets-1352564 RING OF FIRE Noront Resources (TSXV:NOT) is a Canadian-based mining company, and has the largest land position in the Ring of Fire, an emerging multi-metals area located in the James Bay Lowlands of Northern Ontario. http://norontresources.com/ http://norontresources.com/wp-content/uploads/2019/03/2019-03-PDAC-Presentation-Ring-of-Fire-Update-FINAL.pdf NEWS, 12 April 2019 > Noront Resources Closes $3.45 Million Flow-Through Financing, Issues Interest Shares and Issues Options to the Board of Directors: https://www.juniorminingnetwork.com/junior-miner-news/press-releases/1040-tsx-venture/not/60709-noront-closes-3-45-million-flow-through-financing-issues-interest-shares-and-issues-options-to-the-board-of-directors.html KWG Resources is an exploration stage company that is participating in the discovery, delineation and development of chromite deposits in the James Bay Lowlands of Northern Ontario, including 1,024 hectares covered by four unpatented mining claims (Fancamp Claims) approximately 280 km north of Nakina, Ontario. http://kwgresources.com/ NEWS, 18 March 2019 > KWG Resources Announces Closing of Another Tranche of Its Convertible Debenture Private Placement: http://kwgresources.com/kwg-resources-announces-closing-of-another-tranche-of-its-convertible-debenture-private-placement/ |
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