Re: Just spoke to Richard- Glorieux

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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Francis Dube

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Re: Just spoke to Richard- Glorieux

in response to

Re: Just spoke to Richard- Glorieux

Rundle

posted on Feb 21, 2008 11:07AM

You are right, we never touched the question of tonnage. He just said that in regards to PGE's, we have a very rich deposit that was worth mining all by itself. I am assuming he was reffering to the grade at this point.

He seemed to think that at this point, the engineers have all they need to complete the 43-101 and does not expect to have to re-drill DE1.

He sais the area has the POTENTIAL to have as much deposits as Sudbury. Only time and work will determine where this area ranks in the world for best Nickel discovery.