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: GREAT RESULTS ....hear are some dollar specifics $$$$

GREAT RESULTS ....hear are some dollar specifics $$$$

posted on Aug 05, 2009 06:23PM

lens A: $332.25 X 222,500 tonnes = $ 73,925,625.00

  • 178 M depth X 625 square M =111,250 cubic M = 222,500 tons
  • (inferred circumfrance or "varible drill width" 25 M X 25 M)
  • averaging 1.2 % Ni

lens B: $569.00 X 183,125 tonnes = $ 104,198,125.00

  • 149.5 depth X 625 square M = 91,562 cubic M = 183,125 tons
  • (inferred circumfrance or "varible drill width" 25 M X 25 M)
  • averaging 2.4 % Ni

a total of 178 million dollars !!

for only these two lenses ....implying an approximate 25 meter circumferance for each

remeber:

obviously, there are more lens throughout the surrounding claim.

and more importantly, the width of these two particular lens may carry on for hundreds of meters. (not just the implied 25 varible drill width or inferred deposit of each)

this would calculate into the billions of dollars, depending on the extent of the true widths, of each lens, which must be drilled out in future for verification.

hope this helps

again, congrats to everyone .....danny

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