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 Glorieux : significance of this release - QQ
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Dec 08, 2009 07:20PM

No need for correction QQ.

I have, as others have in the past posted some information pertaining to specific gravity (relative density if you will) about certain certain types of "rocks". In order to attempt an even rudimentary valuation of any deposit (given rough dimensions) one must have an insight into specific gravity.

Relative density or specific gravity, is the ratio of the density of a substance to the density of a given reference material. Specific gravity usually means relative density with respect to water. (1000 kg of pure water = 1 cubic metre).

If the specific gravity of a material is 4.34 (the actual specific gravity of our massive sulphides from E1A as taken from our preliminary economic assessment dated December 10/08) there are 4,340 kgs per cubic metre. In your example QQ, "wheelbarrow" might be overstating.

For comparative purposes of specific gravity, I have included a chart below but will leave the exercise of calculation of value per tonne to those inclined as per the following link: http://www.kitco.com/pop_windows/kitcorockcalc.html

With repsect to the current N/R, nice work Wes et al. Apparently business as usual from NOT's camp. Does the snowflake/flurry stick? As much as NOT might be comfy thinking that they have the required shares to block the other bid, I'm thinking it will look more like Christmas over the next couple of days. There remains the concern of FWR issuing friendly PP shares to undermine NOT's position.

Cheers,

Milsy1

Material - powder, ore, solids, etc. kg/cu.m.
Alum, lumpy 881
Apples 641
Asphalt, crushed 721
Barley 609
Brick, common red 1922
Carbon dioxide 1.98
Cardboard 689
Cement, Portland 1506
Charcoal 208
Chromium 6856
Chromium ore 2162
Coal, Anthracite, solid 1506
Cobaltite ( cobolt ore ) 6295
Concrete, Asphalt 2243
Copper ore 1940-2590
Cork, solid 240
Cork, ground 160
Iron ore - crushed - see metals table 2100-2900
Iron Pyrites 2400
Lead, rolled - see metals table 11389
Magnetite, solid ( iron ore ) 5046
Marble, solid 2563
Molybdenum ore 1600
Nickel ore 1600
Nickel, rolled 8666
Nickel silver 8442
Peanuts, not shelled 272
Phosphorus 2339
Platinum ore 2600
Porphyry, solid 2547
Potatoes, white 769
Snow, freshly fallen 160
Water, pure 1000
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Dec 08, 2009 09:28PM
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Dec 08, 2009 10:09PM
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