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: re: junk... don't be confused...Joe
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joe
Dec 10, 2010 09:30PM
5
Dec 11, 2010 12:57AM
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Dec 11, 2010 01:34AM

What we do have is

Tonnes (million)Ni (%)Cu (%) Pt (g/t)Pd (g/t)
At a nickel cutoff of 3.0%
Indicated
1.3 5.31 2.16 2.8 7.6

worth at todays price $1792.14 a tonne X 1.3 million = $2,329,782,000

and that doesn't count anything else. Nice start up value with just an ice-road and a hole in the ground.

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