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: Looks like resource tripled

Not sure if this has already been posted but using the KitcoCasey calculator the insitu value of the indicated resource is:

$633.23/t X 6.9 million tonnes= $4,369 million

Inferred calculation = $401.89/t X 4.3 million tonnes = $1,728 million

Total "insitu" value (Indicated and Inferred)= $6,097 million

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