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: New 43-101 explanation??
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"I must be retarded or something but the 0.5 cuttoff is indicating 2.31% Ni."

Not retarded, do not be so hard on yourself. This forum exists just for this purpose, to pose questions and provide explanations.

The 2.31% is an average of all the grades for 0.5% up to the highest found i.e. well above 8%.

Note as the cutoff grade increases the lower grades are not included in the average calculation, so the average increases.

Cheer up, Ed.

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