Noront Resources: Update on Ferrochrome Production Site and Exploration Activity

- February 6th, 2018

The submission period for site bids on the proposed Noront Resources (“Noront” or the “Company”) (TSX-V:NOT) ferrochrome production facility is now closed. Four completed bid packages were received by the deadline, which was close of business on Friday, February 2, 2018. Bids were received from Sault Ste. Marie, Sudbury, Thunder Bay and Timmins. The next … Continued

The submission period for site bids on the proposed Noront Resources (“Noront” or the “Company”) (TSX-V:NOT) ferrochrome production facility is now closed. Four completed bid packages were received by the deadline, which was close of business on Friday, February 2, 2018. Bids were received from Sault Ste. Marie, Sudbury, Thunder Bay and Timmins. The next steps in the process are outlined below along with an update on the Company’s latest exploration activities.

Ferrorchrome Production Facility

Noront has engaged Hatch, a Mississauga, Ontario-based engineering and consulting company to assist in adjudicating the bids.

Next steps include calculating indicative capital and operating costs and reviewing these alongside community and First Nations support, site appropriateness, environmental factors, access to a skilled workforce and other elements.

Click here to read the full text release. 

Get the latest Chromium Investing stock information

Get the latest information about companies associated with Chromium Investing Delivered directly to your inbox.

Chromium Investing

By selecting company or companies above, you are giving consent to receive email from those companies. And remember you can unsubscribe at any time

Leave a Reply

Your email address will not be published. Required fields are marked *