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.
Notable Firsts
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
September 2007 - First Exploration Agreement
March 2009 - First Chromite Resource
January 2010 - First Nickel Ore Reserve
October 2011 - First Positive Feasibility Study
September 2012
- First Training &
Development Alliance
March 2013 - First Completed
EIS/EA Report
December 2013 - First Place in the
MacCormick CSR Index
2012, 2013 - First Mining Lease
April 2014
Ring of Fire
Noront’s Eagle’s Nest Mine is located in the heart of the Ring of Fire.
