regarding last post
The following is why I asked the last question in regards to Churchill vs Muskrat and the costs associated with each option and which scenario will be used for the feasability study. The third link I pasted on the last post also discusses Altius and associated royalty.
The LabMag deposit is the largest undeveloped magnetic in the world. The reserve holds enough to last in excess of 120 years within those two deposits, at a final production rate of 22 million tonnes a year of production,” Martin comments. “What needs to be done is we need to have a source of electrical power, which means the construction of a transmission line, anywhere from 250 to 300 kilometres long, depending on power source we use. This is a full hydroelectric project: constructing it, building a $22 million concentrator at the mine site, and then a pipe line that would run about 700 kilometres from the mine site to the pellet plant.”