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: Value per tonne of today's news
3
Mar 09, 2010 10:42AM
1
Mar 09, 2010 11:10AM

The 3% cut off was stated to show the higher quality portion of the resource.

The economical cut off is probably 1% for nickel alone. Add the other metal credits and the net drops somewhere close to half percent.

Cheers.

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