Vanadium

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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semismart

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Vanadium

posted on Jul 29, 2009 05:00PM

Are these mineable grades - if we have a road or railroad already in place. 1/3 to 1/2 a percent of something that sells for $7 lbs looks like $70 per ton? I thought our cutoff was around $100-130 per ton?

Not saying there is not higher grades elsewhere but seems like we need to get over 1% Vanadium to move the heart rate...

But put some Vanadium sprinkles on my 100MT of Ni Sunday anyway - I like the flavoring!

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