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: Misfit's Midday Musings for Wednesday, July 30, 2008

Just a fast note:

To some extent production costs are dependent upon width of the orebody. My impression is that the chrome orebody in SA is quite narrow. So far at least it looks like Noront has very wide widths for any potential orebody making this deposit amenable to low cost minjing methods. JMHO.

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