Summary of the World Class Deer Cove Talc1....It is world class exactly as Noranda categorized it .
A resource as massive as 27 million tons means a mine life in excess of 100 years.
This is typical of world class talc deposits
2..Being magnesium associated as its metal sibling, it is the best of the best and having 92 % brightness also classifies it with best in class
3..high quality talc continiues to be used in more and more applications.
Economic forecasts remain very positive
4..Location wise, there is none better..just a few kms from a deep water Port by conveyer belt, and just a few hundred meters to direct onloading onto a Panamx ore carrier
5..How it will be used depends on capital sources.
A full manufacturing plant at Point Rousse would capture current and future products using talc but cost many millions
It could be direct exported as mineralized talc with minimal processing
It could be part of an emerging concrete production method of combining talc with aggregate .
With a large aggregate producer already in operation at Point Rousse, this might be its major route to early cheap production of an aggregate-40 % talc concrete product, including aggregate made from Maritimes waste mining ores.
What ever, but let there be no doubt that we have a world class talc deposit at Deer Cove , in the midst of and possibly sharing transporation facilities and mining crews of what could be a major gold discovery at Deer Cove.
AIMHO
GLTA