HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: Value per Tonne

Value per Tonne

posted on Oct 18, 2007 03:20AM

This is what we are looking at per tonne.

They currently drilled 68m of this stuff...

Metals Amount Units/Weight Metal Market Price Value of the Rock
Precious Metals
Gold 0.61 grams/tonne $759.30 /oz $14.89 /tonne
Silver 8.5 grams/tonne $13.66 /oz $3.73 /tonne
Platinum 2.87 grams/tonne $1442.00 /oz $133.06 /tonne
Palladium 9.78 grams/tonne $368.00 /oz $115.71 /tonne
Rhodium grams/tonne $6190.00 /oz $0.00 /tonne
Precious Metal Sub-total » $267.39 /tonne
Base Metals
Aluminum % $1.13 /lb $0.00 /tonne
Copper 3.1 % $3.65 /lb $249.45 /tonne
Nickel 5.9 % $14.36 /lb $1867.84 /tonne
Lead % $1.69 /lb $0.00 /tonne
Zinc % $1.36 /lb $0.00 /tonne
Base Metal Sub-total » $2,117.30 /tonne
Total Gross Metal Value($USD)
$2,384.69/tonne
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