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: News
28
Dec 08, 2009 05:22PM

Re: News

in response to by
posted on Dec 08, 2009 05:34PM

The spot price of 1 gr of Rhodium is $2290/28.35 or $80 per ton. So at even 2gr per ton, we are adding $160 per ton on an already very high grade value.

Good stuff Wes!!

Glorieux

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