The less iron in the chrome the better... Todays's NR has a ratio that ranges from 1.71 on the low side to 2.6 on the high side. The high grade intercept in today's NR contains 2.6 times as much Cr as it does Fe, which is excellent compared to other chrome mines. Even the lower ratio of 1.71 times as much Cr as Fe is still within the favourable range.

As long as we do not get assays returning any iron contents at 25% or higher, with 40% Cr, or, any percentage combination of Cr/Fe with the Cr at or above economic percentages with Fe precentages that keep the Cr:Fe ratio at least 1.6, and preferably well above 2, we are good.

Regards,

B.