Ni, Co, Cu, PGM, Au Properties in Ontario Canada

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Message: News.....Hart Project

It's a pretty nice grade, especially over that many tonnes. McWatters is 0.92%.

"The estimate has determined an indicated mineral resource of 1.4 million tonnes with an average grade of 1.50% Ni, and an additional 0.3 million inferred tonnes with an average grade of 1.36% Ni. These tonnages represent the largest NI 43-101 compliant resource in the Shaw Dome identified to date."

1,400,000t x 2205 lb/t x 1.5% = 46 million lbs nickel

At $10 nickel, that's $460 million in revenue over the life of the mine. Can't complain about that...especially if we can make a net profit of $1 or $2 per pound (or more if nickel prices improve). McWatters has an estimated 9.6 million recoverable pounds of nickel. So if Hart's 46 million lbs has 35-40 million economically recoverable pounds of nickel, it makes it about 4 times the size of McWatters in terms of economic significance, giving us the mine longevity we need to form a nice foundation to build on... especially if we find significant amounts of recoverable nickel at depth.

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