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: Current value of Eagle 1-as per 43-101 and today's spot prices

Current value of Eagle 1-as per 43-101 and today's spot prices

posted on Sep 08, 2009 01:55PM
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 $8.20 $2.93 $998.00 $1,286.00 $297.00 $16.50
Value $649,440,000 $139,468,000 $9,081,800 $85,133,200 $68,458,500 $3,702,600 $955,284,100
Inferred
Total 57.2 30.5 4600 47900 157300 147000
spot price $8.20 $2.93 $998.00 $1,286.00 $297.00 $16.50
Value 469,040,000 89,365,000 4,590,800 61,599,400 46,718,100 2,425,500 673,738,800
Total Value of Eagle 1 $1,629,022,900
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