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: Re: FWRs platinum and palladium... Extractable?

If the PGMs are dispersed at low grade throughout the chromite, and are nowhere present at higher grades locally, whether within or close to the high grade chromite areas, then and only then would extraction be uneconomic. Until the NI 43-101 report is published nobody knows the facts about this.

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