Page 56 as an alternative to the northsouth corridor as require of the environ mental assessment process Noront revealed that the Ministry of Northern Development and Mines MNDM in a letter dated August 10 2012 said they were in early stages of discussion with Clif fs Natural Resources regarding a north south allseason road that would connect the Ring of Fire to existing provin cial transportation routes and railway to develop the proposed allseason road subject to various environmental In the letter MNDM advised Noront that the current expectation is that the allseason road would be made available for use by industrial users other than Clif fs with access fees generally based on proportional road to be determined Details on the estimated capital costs of the proposed northsouth road have not been provided to Noront How ever Clif fs Natural Resources has publically stated that the cost of their proposed integrated transportation system is budgeted at 600 million This cost is consistent with previous work completed by Noront on this alternative and was used as the basis to establish road usage costs in their feasibility study The decision of the Province of On south road corridor pending environ mental approval is a very positive development in unlocking the mineral wealth of the Ring of Fire said W e s Hanson CEO of Noront states Our discussions with the Province road will be accessible to all industri al users including Clif fs and that the costs to use the road will be based on proportional usage a critical consid eration for Noront as our concentrate shipments represent less than seven haulage along the corridor Hanson added Another component of Noront s proposal that needs to be develop is concentrated produced by the onsite milling operations The logical destination would be Sudbury where both Xstrata and V ale are operating nickel smelters and where there is currently excess capac indicates that this would be a mar ketable concentrate for most of the world s existing nickel smelters Noront has worked hard to establish solid relationships with local First Nations communities near the Ring of want to ensure that the communi ties of north western Ontario realize through long term jobs and business opportunities Mining Matters in W e bequi First Nation Contd from pg 54 i i i i Mi Mi M M Mi Mi Mi i M M Mi i i Mi Mi Mi M M i Mi M M M M M Mi M Mi Mi M Mi M M M Mi M Mi M M i M M Mi M M i Mi i i Mi M M i M Mi Mi i Mi Mi M Mi i Mi M M M Mi Mi Mi Mi i M M M M M M Mi Mi M M M M M M Mi M Mi Mi M M M M M M M M M i M M M Mi M Mi M M M M M M M M M M M Mi M M M M M M i M M M Mi M M M Mi M M M M M M M M M M i i i i i i i i i i i i i i i i i i i i ni i i i n i i i i i i i i i i ni i i ni ni i i i i i i i i i ni i i i i i i i n n n ni ni i i n i i ni ni i i i n n n n n i n n i i i n n ni n n n ni i ni ni n i ni ni ni i i i i i ni ni n i ni n i i i i i i i ni i n i i i ni i i i n n i n i n i i i i ng ng ng ng ng n n ng g g ng ng ng ng ng n ng n ng ng g g ng ng ng ng ng g g g g g g ng ng g g g g g g g n ng n ng g g g g g g g g g g g g n g g g n g g ng n n g g g g g g n n ng ng g g ng g g g g g g g g g n n g g g g g g g g g n ng g g g g g g n g g g n g g g g g g g g ng g g ng ng ng g g g ng ng g g n ng ng ng ng ng n ng g g ng ng n n n n g g g g g g g g M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M t at t t t t t t t t t t t t t t t at at t t t a at t t t t at a t at at at a a at a at at a a a t a a at a t at a at t at a a at a at at at at at a at t t t t t t t t te t te te t e t t e t te t t t t t e t t te t t te te e te te e e e e e te te te te te e te t te te t e te te t te te te te te e te e e e te e te e e e e e e e e te te t t t e e e te te te te t r r r rs rs rs rs rs r rs rs rs rs rs s s rs rs s s rs r r r rs s r r r r r rs r rs rs r s r s s r r r r rs r rs r r r rs rs rs s s r rs r rs rs s i i i i i i i i i i i i i i i i i i i i i n n n n n n n n n n n n n n n n n n n n n n n W W W W W W We W W W W W W W W W We e W W W W We W W W W W e W W We W W We W W We W W W W W W W We We We W We W W W W W We W We e e W W W e b b b be be b be e be be b be e e e e b b b e b e e b b b be b be be e e e q q q qu qu qu qu qu qu q q qu qu q q u u qu qu q qu qu u q q u u qu u u u u q q q q i i i i i i i i i i i i i i i F F F Fi Fi Fi F F i r rs rs rs rs s s t t t N N Na Na Na Na N N N ti ti i ti t ti ti o on n n n M M M M Mi Mi Mi M M M Mi M M M M M M Mi M M M i M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M i i i i i Mi i i i i i i i Mi Mi i Mi i i Mi Mi Mi Mi i Mi i i Mi i Mi Mi i Mi Mi Mi i Mi i M Mi n i i n n n n n n n n n n n n n n n n n n n n n n n n n n n n n n n n n n n n n n n n n n n n n n i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i n n n n ng ng ng n n n n n n n n n n n n n n n ng n n n n ng n n n n n n n n n n n n n n n n n n n n n g g g g g g g g g g g g g g g g g g g g g g g g g g g g g g g g g g g g g g g g g g g g g g g g g g g g g g g g g g g g g g g g g g g g g g g g g g g g g g g g g g g g g g g g g g g g g g g g g g g g g g g g ng g g g g g g g g g g g g g g g g g g M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t te te t t t t t t te t t te t t te e te t te t t te t t t t t t t t t t t t t t t t t t t t t t t e e e e e e e e e e e te e e e e e e e e e e e e te e e e te te e e te e e e e te e e e e e te e e e te te e e e e e e e r e r r r rs rs rs r r r r rs rs r rs r r r r r r r r r r r r r r r r r r r r r r r r r s s s s s s s s s s s s s s s s s s s rs s rs rs rs s s rs rs s s rs rs i i i i i i i i i i i i i i i i i i i i i i i i n n n n n n n n n n n n n n n n n n n n n W W W W W W We We W W W W W W W W W W W W W W W W W W W W W W W W W W W W W W W W W W W We e We e e We We We We We We We e e We W We b b b e b b b b b b b b b b b b b b b b b b b b b b b b e e e e e e e e e e e e e e e e q q q q q q q q q q q q q q q q q q q q u u u u u u u u u u u u u u u u u u u u i i i i i i i i i i F F Fi Fi F F F i Fi Fi i i rs rs s s s rs s s t t N N Na Na Na N N N N Na Na t ti t ti i ti i i o n n n n Nor o nt works hard to establish solid r elationships with local First Nations communities W e are very active in community consultation to ensure the commu nities fully understand what we pro pose to do when we propose to do it and how will it impact their com munities now and in the future W e have also focused a great deal of ef fort on the young people in the com munities where we have been active Each summer we hold mining camps aimed at introducing the young people to the exploration and mineral devel opment industry W e hope to highlight to the young people the importance of staying in school what jobs will be available in their region in the future and what each job entails in terms of training and education Noront hopes that future geologists engineers man agers and other specialists originate from the various communities sur rounding the Ring of Fire she added On July 9 2012 Noront released the results of its winter drilling program which included some positive results Noront reported that all six holes that were drilled intersected lowgrade nickel sulphide mineralization sug gesting that the ground based geo physical surveys are a valuable explo ration tool going forward This system has dramatically increased the Com pany s success rate in testing multiple tar gets within the Ring of Fire claims for nickel sulphide mineralization The fact that all holes from the late winter program intersected nickel cant improvement from past drill pro grams The Ring of Fire was only discovered in 2007 By comparison the Sudbury sources of nickel has seen the ben for over a hundred years The po tential for further resource growth is someday rival Sudbury as Canada s