Big Daddy Deposit
The Big Daddy chromite deposit is located 5 km northeast of Eagle’s Nest and is a joint venture between Noront (70%) and Canada Chrome Mining Corporation (30%). Discovered in 2008, the deposit is known to have the highest-grade accumulations of chromite ore in the region.
Exploration to date has consisted of geophysics and diamond drilling that has traced the chromite zone over a 1.2 km strike length and roughly 490 m down dip. A preliminary economic analysis (PEA) was conducted in 2011 by KWG Resources, which is the 100% owner of Canada Chrome Mining Corporation. Noront is the largest shareholder of KWG Resources.
Noront is currently reviewing the technical documentation for this site. Our goal is to produce a strategic plan and a comprehensive preliminary economic analysis (PEA) for all of the development options for the Ring of Fire chromite projects.