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Hard Creek Nickel Corp

Publié le 18 avril 2008

Northwest Power Line Preliminary Findings Released

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April 17, 2008

Trading Symbol: TSX.V-HNC

 

Northwest Power Line Preliminary Findings Released

SMITHERS, B.C. - The Northwest Power Line Coalition released preliminary findings today of a study on the potential benefits of a power line along Highway 37 in northwest British Columbia.

According to preliminary findings provided by Macquarie North America, providing electric power along Highway 37 has the potential to achieve $3.5 billion in capital investments to bring eight mining projects to production.
The estimate does not include the Galore Creek project.

The investments have the potential to create 2,000 jobs, generate over $300 million in annual revenues, and provide more than $75 million in annual taxes to government.

"Even without the Galore Creek project, the benefits of a power line along Highway 37 are significant," said Pierre Lebel, spokesperson for the Northwest Power Line Coalition. "There is a potential to realize $3.5 billion in capital investment in northwest B.C., but this is unlikely to happen without the power line."

The preliminary findings of the study also highlight the economic challenges facing the northwest region of the province. The unemployment rate for the northwest is much higher than the B.C. average. And between 2001 and 2006, population in the northwest declined by seven per cent, compared to a five per cent increase across the province.

"Northern communities believe that construction of the power line would provide an economic benefit to the region," said Janine North, Chief Executive Officer of the Northern Development Initiative Trust. "The preliminary findings of the Macquarie study suggest that electrification of Highway 37 will attract needed investment and jobs for the region, including additional opportunities for joint ventures with First Nations."

"We have concerns around the cumulative social, cultural and environmental impacts from the collective proposed industrial activity which may be created by the proposed Northwest Transmission Line, but we have a process for assessment by the Tahltan Nation with BC Hydro for addressing these concerns," said Chair Curtis Rattray of the Tahltan Central Council. "The Tahltan Central Council looks forward to the province of British Columbia signing the agreement so that the Tahltan Nation can begin the process for assessment - including social, cultural and heritage studies described in the agreement - so we can make informed decisions about the proposed activities."

Macquarie Group is an international financial institution with considerable expertise in major capital infrastructure project financing. Macquarie North America Ltd. was retained in March 2008 to examine the economic aspects of the Northwest Power Line along Highway 37.

The preliminary findings are subject to review and finalization. The final report is expected to be completed in the spring of 2008.

The Northwest Power Line Coalition includes the Northern Development Initiative Trust with its forty member communities, the Mining Association of British Columbia, the Association of Mineral Exploration of British Columbia, and a number of First Nations, mining companies, independent power producers and local businesses. More information is available online at www.highway37.com.

On behalf of the Board of Directors of Hard Creek Nickel Corporation

�Mark Jarvis�

MARK JARVIS, President


The TSX Venture Exchange does not accept responsibility for the accuracy or adequacy of this news release.

1060 � 1090 W. Georgia St., Vancouver, BC, Canada V6E 3V7
T: 604-681-2300 F: 604-681-2310
E: info@hardcreek.com W: http://www.hardcreeknickel.com

 


Hard Creek Nickel Corp

EN DÉVELOPPEMENT
CODE : HNC.TO
ISIN : CA4116371010
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Hard Creek est une société d’exploration minière de nickel basée au Canada.

Hard Creek est en développement de projets de nickel et de cobalt au Canada, et détient divers projets d'exploration au Canada.

Son principal projet en développement est TURNAGAIN au Canada.

Hard Creek est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 1,8 millions CA$ (1,6 millions US$, 1,3 millions €).

La valeur de son action a atteint son plus haut niveau récent le 11 janvier 2008 à 0,98 CA$, et son plus bas niveau récent le 17 octobre 2014 à 0,02 CA$.

Hard Creek possède 90 370 000 actions en circulation.

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Financements de Hard Creek Nickel Corp
22/10/2012Announces Non Brokered Private Placement
15/03/2012Completes Non Brokered Private Placement
02/03/2012Completes Second Tranche of Non Brokered Private Placement
24/01/2012Amends Non Brokered Private Placement
09/01/2012Announces Non Brokered Private Placement
03/04/2008Private Placement Warrants Extended
30/10/2007Exercised Warrants
Attributions d'options de Hard Creek Nickel Corp
17/02/2011Grants 100,000 stock options to Corporate Communications Con...
27/01/2011925.000 stock options granted at $0.50
19/10/2009Stock Options Granted
04/07/2008Stock Options Granted
01/04/2008Stock Options Granted
Nominations de Hard Creek Nickel Corp
17/02/2011Appoints Corporate Communications Consultant for Germany
31/10/2007 Appoints Ed Beswick as Environmental Director
Projets de Hard Creek Nickel Corp
05/12/2011oration: 2011 Preliminary Economic Assessment Filed on SEDAR
24/02/2011(Turnagain).: Environmental Approval for Northwest Transmission Line
09/02/2011(Turnagain) Metallurgical Report Confirms Significantly Improved Flotat...
14/01/2008(Turnagain) Drilling Expands on Platinum & Palladium Discoveries
10/12/2007(Turnagain) Preliminary Assessment Shows Potential 29 Year Mine Life
28/11/2007(Turnagain)Drills 0.70% nickel with 0.48 g/t Pt+Pd over 8.0 metres
14/11/2007(Turnagain) Turnagain Project Update
25/09/2007(Turnagain)drills 120 metres of 0.33% nickel
13/08/2007(Turnagain)drills 292 metres of 0.28% nickel
25/07/2007(Turnagain)Third Drill Rig Arrives at Hard Creek Nickel Property
Communiqués de Presse de Hard Creek Nickel Corp
17/06/2013oration: Report of Voting Results
04/01/2013oration: Stock Options Granted
03/07/2012oration: Report of Voting Results
01/06/2012oration: Amended and Restated March 31, 2012 Financials
07/07/2011oration; Correction to June 30th, 2011 News Release: Amended...
30/06/2011oration: Amended and Restated March 31, 2011 Financials
13/06/2011Adjourns AGM to July 6, 2011
11/05/2011Former Diamond Fields President Joins Hard Creek Board
14/04/2011Airing on BTV April 16 and 17th, 2011
07/04/2011oration: Metallurgical Tests for Cliff Zone Show Significant...
23/03/2011oration: Stock Options Granted
16/03/2011oration: Metallurgical Regime Robust for Average Turnagain N...
21/09/2009Northern Miner: B.C. to Build $400M Transmission Line
18/09/2009Vancouver Sun: B.C. Will Build $404M Power Line
16/09/2009NORTHWEST TRANSMISSION LINE NEWS
26/01/2009President's Letter to Shareholders - January 2009
18/04/2008Northwest Power Line Preliminary Findings Released
31/03/2008Northwest Power Line Study to Dease Lake Announced
26/03/2008 funds Carbon Sequestration Research
29/02/2008 Drills 64 Metres of 0.47% Nickel
12/02/2008President's Letter to Shareholders
19/12/200720 metres of 0.24% Ni and 0.60 g/t Pt + Pd intersected in ne...
23/08/2007Files Reports in U.S.
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