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: Re: area plays
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Mar 25, 2008 04:53PM

Re: area plays

in response to by
posted on Mar 25, 2008 04:59PM

Depending on the strip ratio of a pit it will cost about 25-50% (e.g 10/t vs 40/t) of the cost of mining the ore as compared to going underground. The surface infastructure costs stay about the same. More importantly you can get mining much faster and cheaper (no shaft and stope development, a much simipler mining plan, no ventillation issue or back filling issues and less skill dependent mining).

... Been There

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Mar 25, 2008 08:14PM
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