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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Did you not read or look at the March 9 report?

I took the following out of it:

Category CUTOFF TONNES Ni % Cu % Pt gpt Pd gpt Au gpt Ag gpt
Indicated 2 2,299,495 3.98 1.71 2.28 6.03 0.24 4.5
Inferred 2 685,490 3.28 1.25 0.71 5.39 0.21 4.8

Total is just under 3 million tons. But why bother with 2%?

With nickel worth 10$ a pound, 12 pounds of only nickel pays for the processing, so with credits of other metals we have a profit even with 1% nickel.

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