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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Current value of Eagle 1

posted on Jul 27, 2009 06:24PM
Indicated Ni lbs (Mil) Cu lbs (Mil) Au (Oz) Pt (Oz) Pd (Oz) Ag (Oz) Total
Total 79.2 47.6 9100 66200 230500 224400
spot price $7.60 $2.51 $953.00 $1,216.00 $260.00 $14.02
Value $601,920,000 $119,476,000 $8,672,300 $80,499,200 $59,930,000 $3,146,088 $873,643,588
Inferred
Total 57.2 30.5 4600 47900 157300 147000
spot price $7.60 $2.51 $953.00 $1,216.00 $260.00 $14.02
Value 434,720,000 76,555,000 4,383,800 58,246,400 40,898,000 2,060,940 616,864,140
Total Value of Eagle 1 $1,490,507,728

Keep in mind that this valuation does not include the extention of hole 44 or hole 49 which potentially triples Eagle1

As the market keeps recovering, so will our In-Situe value.

G.

26 Recommendations
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notster
Jul 27, 2009 07:46PM
Re: Current value of Eagle 1- Retail percentage.
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scarff
Jul 27, 2009 08:01PM
Re: Current value of Eagle 1
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MaCloud
Jul 27, 2009 10:07PM
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