Noront targeting 5-year timeline to open first Ring of Fire mine
from TB News Watch
The first ore from the Ring of Fire could come out of the ground in five years, potentially finally unlocking the mineral-rich area that has long been promised to stoke Northern Ontario economic development opportunities. Noront Resources, which owns 85 per cent of the mining claims in the James Bay lowlands area, is working toward the completion of the permitting and approval process, which would be followed by the construction of a road and the first mine to tap into the lucrative deposits.
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