Re: Triple the nickel resource at eagles nest

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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Francis Dube

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Re: Triple the nickel resource at eagles nest

in response to

Triple the nickel resource at eagles nest

IAMSUDBURY

posted on Nov 18, 2009 01:33PM

JJ has told me on more than one occasion that we have at least tripled Eagle1. The Dundee report puts Eagle1 at 10M tons of ore, and could be 20M tons according to their latest report based on the analyst breakfast.

The other important aspect is this deposit is a dream deposit for an underground shaft mine. Very economical!!

This low SP is much easier to handle when you think about what is in the ground and only getting bigger.