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: trying to figure out the 80%

QQ,

great deduction.

I suppose Nemis was only referring to the claims in the ROF.

Ofcourse, the table shows all the players, even those outside the ROF (Northern Shield (7110 claims), International Ventures (1690 claims) and the 100 pct  Temex (1950 claims) = total of 10750 claimunits.

If one does not take those claims in consideration of the grand total (35008) the persentage will well be up to +/- 70 pct.

 

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