Re: Don't want to burst our bubble, but..

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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Milsy1

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Re: Don't want to burst our bubble, but..

in response to

Re: Don't want to burst our bubble, but..

posted on Feb 22, 2008 09:47AM

PM, I am not exactly sure what RN meant by a PGM mine. That was relayed by Glorieux.

In my weighted average calculation of 2.92 NI equivalent, it really does not include the "IUM's" as there has only been 1 hole assayed. The purpose of my post was to demonstrate what the "IUM's" might be worth if what Richard stated comes to fruition.

I completely understand that ALL minerals will be viewed by ANY type of mining company.