Black Creek

Overview

The Black Creek Chromite deposit is located in the James Bay Lowlands in an area known as "The Ring of Fire". Canada is ranked #5 in the world for its chromite resources due to the deposits located here. Black Creek was discovered in 2009 and lies along the ultramafic horizon containing the area's main chromite deposits that are key to future chromite mining operations.

The Black Creek Chromite Deposit is strategically located between Cliffs Natural Resources' Black Thor and Big Daddy deposits and is interpreted to represent the southwest extension of the Black Thor horizon.

It is situated close to bedrock which is important for two reasons. It provides low stripping ratios for mining and a stable base for infrastructure and operations. The McFauld's area is characterized by muskeg and it is rare to find stable footings. The morphology of the deposit is also important as it appears to represent a consistent lens of mineralization uninterrupted by faulting or deformation.

A NI-43 101 Resource Estimate completed in 2010, confirmed that the open-pitable deposit contains over 10 million tonnes of high grade chromite rich enough to be direct-shipped upon extraction. The cut-off grade was 20% Cr2O3 including internal waste.

2010 NI-43 101 Resource Estimate

Category	Tonnes	Avg. Cr2O3 %	Cr:Fe Ratio
Measured (M)	5,256,000	37.00	1.8
Indicated	3,389,000	38.04	1.8
Total M & I	8,645,000	37.41	1.8
Inferred	1,610,000	37.78	1.7

Note: All tonnages have been rounded to the nearest thousand.

Black Creek

Projects