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: Please correct me if I am wrong chromite value per share numbers.

Re: Please correct me if I am wrong chromite value per share numbers.

posted on Sep 14, 2008 12:21PM

Coswell I like your numbers. It has been stated on this board before that 10% in situ is based on a known resource as a given value. In a take out it could be up to 40% like in a Voisy`s Bay situation. and remember, this is a number being bantered around for a fraction of what NOT may have in the ROF, albeit the drills still need to do their job.

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Sep 14, 2008 02:01PM
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