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: A simple explanation

Re: A simple explanation

posted on Jun 27, 2008 08:55PM

Oxford, you're exactly right, here was my post from the other night:

"...perhaps someone with familiarity with 43-101's ought to offer some description of what we may expect, not in terms of tonnage, of course, that's too speculative, but more in terms of the different categories of resource that may be described, and how investors might react to them."

I'd like people to be prepared to understand the impact of a 43-101, based on categories, rather than tonnage, so that when the 43-101 is made public, we have a better idea what to make of it. I'm far from an expert in that regard, and would like people who have more experience in these matters to comment.

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