Noront President Comments On Ring Of Fire Deal

There’s a new dawn breaking for the Ring of Fire.
Noront Resources has announced it has purchased all of Cliff’s Natural Resources chromite deposits in the giant northern Ontario mining project.
Noront President and CEO Allan Coutts says they made the move because they still believe in the potential of the giant mining project.
He hopes the deal will help speed along the process of making it a reality.
Coutts says his company made the purchase with the help of Franko Nevada who will help finance the acquisition in return for production royalties.