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Noront Resources Ltd. V.NOT


Primary Symbol: NOSOF

Noront Resources Ltd is a mining company. It is engaged in the exploration, development, and acquisition of properties prospective in base and precious metals, which includes nickel, copper, platinum group metals, precious metals, chromite, and vanadium. The company's developmental project consists of Eagle's Nest nickel-copper-platinum-palladium deposit, deposits of high-grade chromite and copper-zinc volcanic massive sulphide deposits which are part of the company's McFauld's Lake Project. Its assets are located in the area known as the Ring of Fire in the James Bay Lowlands, Ontario.


OTCPK:NOSOF - Post by User

Comment by surveyor2582on Jan 13, 2021 5:26pm
128 Views
Post# 32287932

RE:RE: (Timmins Daily Press – January 12, 2021)

RE:RE: (Timmins Daily Press – January 12, 2021)It doesn't wheels but it's all part of the environmental assessment that has already been completed. It's just more paperwork.

An environmental assessment supports planning and decision-making. Through the environmental assessment process, the potential adverse environmental effects of a project are identified. Examples of "adverse effects" are:

  • the loss or decline of fish, migratory birds, or marine plants
  • changes across a border between provinces
  • the contamination of foods relied upon by Indigenous peoples

If a project is likely to produce adverse environmental effects, the environmental assessment identifies mitigation measures. Mitigation measures are actions or project design features that help to reduce, eliminate or control a project's adverse effects. The environmental assessment also predicts if a project might cause significant harm to the environment even after mitigation measures are implemented. Where mitigation is not feasible, restitution measures(such as replacement, restoration or compensation) may be identified.

A follow-up program happens after the environmental assessment process. It verifies the accuracy of the assessment, and assesses the effectiveness of the mitigation measures.

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