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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Message: A little Voiseys history to compare

"May I remind you that Voisey's Bay has an average grade of only 1.6%."

So right, it is a mute topic to persue.

Only if the concentration is below one percent that it becomes uneconomical AND only IF it is a pure nickel mine at recently low nickel prices.

With other metals ( more expensive if in lower amounts ) are present then you have added dollars per ton. We have plenty at Eagle 1, copper and palladium being prime, remainder I can not say because I have no matelurgical processing know how.

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