good post by Yellowknifer / SPQ board

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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Gramps1996

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good post by Yellowknifer / SPQ board

posted on Jan 26, 2009 06:14AM

Some facts to sleep easy on ...while we wait :) :)

posted on Jan 26, 09 01:59AM

MCFAULDS PROPERTY, ONTARIO

WHY CHROMITE?

•Chromite is a strategic mineral used mainly as an
alloy to produce stainless steel (>90% produced)

•There are no substitutes for chromite in the
production of stainless steel 6

•China is the leading consumer of chromite in the
world accounting for 70% of the world’s production

•The value of high-grade chromite (>40% CR2O3) is
US$400-$450 per tonne delivered to port (equivalent
to 3.5% Ni or 8.5% Cu)

MCFAULDS PROPERTY, ONTARIO

•Resources and production are mostly in the Eastern
Hemisphere

•Global outlook is for continued rising prices and
increasing demand

•The U.S. is import dependant for chromium imports 7
that travel over long supply routes