Very interesting new property in last MD&A!!
Railroad (100%) The strategy developed by the Québec Government for Plan Nord foresees the construction of a railroad linking the municipalities of Schefferville and Kuujjuaq. The cost of this project is estimated at over $3.5 billion and would allow exploration companies located near the railroad to transport their resources to seaports.
Fieldex believes that the necessary work for the construction of the railroad would be an economical approach for exploration. Therefore, the Corporation started acquiring mining claims in places where the geology is considered favorable for the discovery of economic deposits. The risk associated with these mining claims acquisition is whether the Government will move forward with this ambitious construction project or will simply abandon it. In the latter case, the business opportunity for Fieldex would be much less interesting. No work has been done yet on this property.
www.sedar.com
https://www.plannord.gouv.qc.ca/en/november-20th-2014/