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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31 grams per troy ounce an current price of Rhodium over $7,000 an ounce.

So one ounce adds $225+ per tonne and for argument sake take 7 million tonnes at 1/2 gram average = $78,750,000 to value of deposit.

Yeah I know we're counting on 10 million plus tonnes etc. etc. but let's work it on the low side eh?

Anyway you look at it the Rhodium content puts a lot of extra money in the mines pocket.

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