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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Sorry, misread your post. Its the 50% "grade" you questioned, not the 50% Cr2O3 content of the chromite.The intent of my original post was to present a range of chromite contents (grades) of the chrome ore, from a low of 25% to a high of 75%. Your estimate of 40% is as good as any at this time.

My apologies

geoprof

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