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: Bulk Sampling of WL
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Jul 25, 2008 11:43AM
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Jul 26, 2008 09:07AM

50,000 at 1Oz per ton average would give us 50, 000 ounces of gold at $900 per ounce would yield $45M dollars for our little piggy bank...That would not be to be. The naysayers of course will say that 1oz per ton is too high as average grade and they may be right but when you hit 52oz per ton...that raises your average quite a bit. What is stopping NOT from grabbing extra tons from that 4.8M area and really raising the average?

Glorieux

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