I am posting below two sets of mineral value for the assayed holes at DE1. One set uses current prices, and the other set uses the average price of the last four years plus the forecasted price for 2008. (The exception is platinum and palladium where I found only two years history.)
This table reflects the average value of the holes drilled and not necessarily the average value of DE1. I have not included any value for pgm's other than platinum and palladium.
|
|
Nickel |
Copper |
Pt |
Pd |
Au |
Ag |
|
Curr price |
|
$ 14.65 |
$ 3.85 |
$ 2,000 |
$ 480 |
$ 970 |
$20.00 |
|
Avg 2004-2008(f) |
$ 10.86 |
$ 2.44 |
$ 1,283 |
$ 345 |
$ 594 |
$10.86 |
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Value/ton |
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|
Hole |
Len(m) |
Nickel (%) |
Copper (%) |
Pt (g/t) |
Pd (g/t) |
Au (g/t) |
Ag (g/t) |
Value/Ton |
01 |
36.0 |
1.8 |
1.5 |
1.1 |
3.5 |
0.1 |
4.8 |
|
(curr) |
|
$ 581 |
$ 127 |
$ 78 |
$ 59 |
$ 3 |
$ 3 |
$ 852 |
(avg) |
|
$ 431 |
$ 81 |
$ 50 |
$ 43 |
$ 2 |
$ 2 |
$ 608 |
02 |
57.9 |
2.0 |
1.4 |
1.0 |
3.3 |
0.1 |
5.3 |
|
(curr) |
|
$ 646 |
$ 119 |
$ 71 |
$ 56 |
$ 3 |
$ 4 |
$ 898 |
(avg) |
|
$ 479 |
$ 75 |
$ 45 |
$ 40 |
$ 2 |
$ 2 |
$ 643 |
05 |
117.4 |
4.1 |
2.2 |
2.1 |
7.1 |
0.4 |
6.3 |
|
(curr) |
|
$ 1,324 |
$ 187 |
$ 148 |
$ 120 |
$ 14 |
$ 4 |
$ 1,797 |
(avg) |
|
$ 981 |
$ 118 |
$ 95 |
$ 86 |
$ 8 |
$ 2 |
$ 1,292 |
07 |
51.5 |
3.7 |
1.5 |
2.3 |
7.5 |
0.8 |
5.2 |
|
(curr) |
|
$ 1,195 |
$ 127 |
$ 162 |
$ 127 |
$ 27 |
$ 4 |
$ 1,642 |
(avg) |
|
$ 886 |
$ 81 |
$ 104 |
$ 91 |
$ 17 |
$ 2 |
$ 1,180 |
09 |
45.6 |
2.9 |
1.8 |
0.6 |
7.2 |
0.2 |
5.0 |
|
(curr) |
|
$ 936 |
$ 153 |
$ 42 |
$ 122 |
$ 7 |
$ 4 |
$ 1,264 |
(avg) |
|
$ 694 |
$ 97 |
$ 27 |
$ 88 |
$ 4 |
$ 2 |
$ 912 |
11 |
21.3 |
1.7 |
1.0 |
0.6 |
3.8 |
0.1 |
3.9 |
|
(curr) |
|
$ 549 |
$ 85 |
$ 42 |
$ 64 |
$ 3 |
$ 3 |
$ 747 |
(avg) |
|
$ 407 |
$ 54 |
$ 27 |
$ 46 |
$ 2 |
$ 1 |
$ 538 |
12 |
94.5 |
1.4 |
0.6 |
0.7 |
2.6 |
0.1 |
1.9 |
|
(curr) |
|
$ 452 |
$ 51 |
$ 49 |
$ 44 |
$ 3 |
$ 1 |
$ 601 |
(avg) |
|
$ 335 |
$ 32 |
$ 32 |
$ 32 |
$ 2 |
$ 1 |
$ 433 |
14 |
64.1 |
1.5 |
0.8 |
1.0 |
2.9 |
0.1 |
-
|
|
(curr) |
|
$ 484 |
$ 68 |
$ 71 |
$ 48 |
$ 3 |
$ -
|
$ 674 |
(avg) |
|
$ 359 |
$ 43 |
$ 45 |
$ 35 |
$ 2 |
$ -
|
$ 484 |
16 |
40.9 |
1.0 |
0.7 |
1.0 |
2.5 |
0.2 |
2.0 |
|
(curr) |
|
$ 323 |
$ 59 |
$ 71 |
$ 42 |
$ 7 |
$ 1 |
$ 503 |
(avg) |
|
$ 239 |
$ 38 |
$ 45 |
$ 30 |
$ 4 |
$ 1 |
$ 358 |
17 |
81.0 |
1.6 |
0.8 |
0.9 |
3.0 |
0.1 |
3.1 |
|
(curr) |
|
$ 517 |
$ 68 |
$ 63 |
$ 51 |
$ 3 |
$ 2 |
$ 704 |
(avg) |
|
$ 383 |
$ 43 |
$ 41 |
$ 36 |
$ 2 |
$ 1 |
$ 506 |
18 |
124.6 |
2.4 |
1.1 |
1.1 |
3.9 |
0.3 |
3.9 |
|
(curr) |
|
$ 775 |
$ 93 |
$ 78 |
$ 66 |
$ 10 |
$ 3 |
$ 1,025 |
(avg) |
|
$ 574 |
$ 59 |
$ 50 |
$ 47 |
$ 6 |
$ 1 |
$ 739 |
19 |
6.6 |
2.3 |
0.6 |
1.1 |
3.9 |
0.1 |
3.0 |
|
(curr) |
|
$ 743 |
$ 51 |
$ 78 |
$ 66 |
$ 3 |
$ 2 |
$ 943 |
(avg) |
|
$ 551 |
$ 32 |
$ 50 |
$ 47 |
$ 2 |
$ 1 |
$ 683 |
20 |
14.3 |
0.7 |
0.2 |
0.5 |
1.6 |
0.1 |
1.2 |
|
(curr) |
|
$ 239 |
$ 20 |
$ 35 |
$ 27 |
$ 3 |
$ 1 |
$ 326 |
(avg) |
|
$ 177 |
$ 13 |
$ 23 |
$ 20 |
$ 2 |
$ 0 |
$ 235 |
21 |
30.8 |
1.1 |
0.5 |
0.7 |
1.9 |
0.1 |
2.2 |
|
(curr) |
|
$ 355 |
$ 42 |
$ 49 |
$ 32 |
$ 3 |
$ 2 |
$ 484 |
(avg) |
|
$ 263 |
$ 27 |
$ 32 |
$ 23 |
$ 2 |
$ 1 |
$ 348 |
22 |
22.1 |
0.7 |
0.1 |
0.2 |
1.4 |
-
|
0.4 |
|
(curr) |
|
$ 226 |
$ 8 |
$ 14 |
$ 24 |
$ -
|
$ 0 |
$ 273 |
(avg) |
|
$ 168 |
$ 5 |
$ 9 |
$ 17 |
$ -
|
$ 0 |
$ 199 |
23 |
2.1 |
1.1 |
2.2 |
0.9 |
5.8 |
0.2 |
12.9 |
|
(curr) |
|
$ 355 |
$ 187 |
$ 63 |
$ 98 |
$ 7 |
$ 9 |
$ 719 |
(avg) |
|
$ 263 |
$ 118 |
$ 41 |
$ 71 |
$ 4 |
$ 5 |
$ 502 |
24 |
71.6 |
1.8 |
1.1 |
1.1 |
3.2 |
0.3 |
3.6 |
|
(curr) |
|
$ 581 |
$ 93 |
$ 78 |
$ 54 |
$ 10 |
$ 3 |
$ 819 |
(avg) |
|
$ 431 |
$ 59 |
$ 50 |
$ 39 |
$ 6 |
$ 1 |
$ 586 |
25 |
3.2 |
0.9 |
0.5 |
0.3 |
1.5 |
0.1 |
2.4 |
|
(curr) |
|
$ 291 |
$ 42 |
$ 21 |
$ 25 |
$ 3 |
$ 2 |
$ 385 |
(avg) |
|
$ 215 |
$ 27 |
$ 14 |
$ 18 |
$ 2 |
$ 1 |
$ 277 |
27 |
46.2 |
6.3 |
2.8 |
1.9 |
10.2 |
3.0 |
7.3 |
|
(curr) |
|
$ 2,018 |
$ 233 |
$ 131 |
$ 173 |
$ 103 |
$ 5 |
$ 2,663 |
(avg) |
|
$ 1,496 |
$ 148 |
$ 84 |
$ 124 |
$ 63 |
$ 3 |
$ 1,917 |
29 |
65.9 |
1.5 |
1.1 |
1.2 |
2.9 |
0.1 |
3.3 |
|
(curr) |
|
$ 484 |
$ 93 |
$ 85 |
$ 49 |
$ 3 |
$ 2 |
$ 717 |
(avg) |
|
$ 359 |
$ 59 |
$ 54 |
$ 35 |
$ 2 |
$ 1 |
$ 511 |
|
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Average value/ton using current prices |
|
|
$ 1,023 |
Average value/ton using average prices 2004-2008(f) |
|
$ 735 |