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.
The company’s flagship project is a 100%-owned, high-grade, nickel, copper and platinum group element (PGE) deposit called Eagle’s Nest. It is the largest high-grade nickel discovery in Canada since Voisey’s Bay and the most advanced project in the Ring of Fire. It is also the only project with positive economics and a completed feasibility study on an NI-43-101 compliant reserve.
To date, Noront has invested over $200 million in exploration, development and community engagement—an area of recognized leadership. The company’s exploration program includes 205,516 meters of drilling in 624 holes. Noront expects to be in commercial production by 2018.
Noront is on the forefront of both development in the Ring of Fire and sustainable mining with a series of notable firsts.
- First Discovery:
Eagle’s Nest Deposit
- First Exploration Agreement
- First Chromite Resource
- First Nickel Ore Reserve
- First Positive Feasibility Study
- First Training &
- First Completed
- First Place in the
MacCormick CSR Index
- First Mining Lease