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: DM - chengjoo
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Oct 27, 2007 07:46PM
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Oct 28, 2007 12:39PM

Oct 28, 2007 02:23PM

Thanks for the comparison.

I did a quick check - DM covers a HUGE area or very low grades to deliver the tonnage.

NOT is at this time estimating an area of 100 X 50 x 250 meters. AND, they have just gotten started!

This is from the DM web site, drilling since 1951 and covering some 22 miles:

'According to the Minnesota Department of Natural Resources, from 1951 to the present, more than 1,900 diamond drill holes totaling over more than 230,000 m (754,591 ft) have been drilled to explore the western margin and base of the Duluth Complex for copper and nickel deposits. This work has outlined at least nine disseminated copper-nickel deposits, over a 22 mi. (35 km) strike-length, which have a combined estimated resource of 3.63 billion tonnes (4.4 billion tons) grading 0.66% Cu and 0.20% Ni (unclassified historical resource, not 43-101 compliant). '

Now look at hole # 5 at JB:

68.3 meters averaging 5.9% nickel, 3.1% copper, 2.87 g/t platinum, 9.78 g/t palladium, 0.61 g/t gold and 8.5 g/t silver.

Which one will be less costly to mine? Which one has the higher grades? Which one is just getting started with the exploration?

NOT

NOT also has windfall, valued by IBK at 100 million as it is today.

Good luck with your stock. This here is a NOT board.

BK.


Oct 28, 2007 04:39PM
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Oct 28, 2007 04:39PM
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