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Sunday, 06/14/2015 3:16:33 PM

Sunday, June 14, 2015 3:16:33 PM

Post# of 53980
TRCPA - I had an interesting conversation Friday regarding Canadian Mining. It is much more clear why the zeolite project is delayed and also the plan to move it forward. End of the year or early next if CNG's plan works out as expected. FASC's portion of the project may be a higher percentage than I origninally though. Perhaps a third or so. That will up the potential annual revenue. CNG has a longer term plan for a onsite production facility at their larger mine and to process 50k tons annually to begin with.

By the way, the primary issue that slowed the project was CNG had to go through a re-review of their permits. A large part of the review included approval by all First Nations. Perhaps in the next 2-3 weeks this will all be resolved and they can move forward again.

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