VRIC JV Video: Clean Air Metals eyes toll milling for Ontario platinum project

Clean Air Metals (TSXV: AIR; US-OTC: CLRMF) is pushing a toll-milling route for its Thunder Bay North project, one of North America’s few primary-platinum developments, President and CEO Mike Garbutt said.

Thunder Bay North, about 40 km north of the namesake city on Lake Superior, is awaiting an advanced exploration designation that would allow Clean Air to drive a ramp and take a bulk sample.

“You could drive that ramp while you’re still permitting for operation,” Garbutt told The Northern Miner’s Western Editor, Henry Lazenby.

The project has a post-tax net present value (at an 8% discount) of $158 million (US$116 million) and a 32% internal rate of return on initial capital of $89.5 million, according to a preliminary economic assessment released in November.

Watch the full chat below:

The preceding Joint Venture Article and video are PROMOTED CONTENT sponsored by Clean Air Metals and produced in co-operation with The Northern Miner. Visit: cleanairmetals.ca for more information.