Current update value for Eagle's Nest at spot prices

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)

Reply New Message

Prev Message Back To Forum Threaded View Next Message

Francis Dube

Rank: President [?]

Points: 44898 [?]

Votes: 625 Score: 3.5 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Current update value for Eagle's Nest at spot prices

posted on Mar 04, 2011 07:52AM

Now, recoveries % in this polymetallic deposit has not been determined at this point but some lost is inevitable. Also, significant barriers remain in many respects, however, there is no denying the increase in value, a new grand total of over $14B worth of minerals. This will get mined at some point...the big question is when!

Tons Ni Cu Ptg/t Pdg/t Au g/t Total Value 13.1801 4.5107 1826 804 1418.6 5346000 0.0208 0.0107 1.04 3.55 0.2 Value $3,224,286,876.10 $567,648,319.79 $326,439,480.39 $490,628,720.26 $48,770,646.95 $4,657,774,043.47 5643000 0.015 0.0089 0.94 3.27 0.2 Value $2,454,385,041.90 $498,386,972.36 $311,442,794.86 $477,038,535.05 $51,480,127.33 $3,792,733,471.49 8966000 0.011 0.0114 1.16 3.49 0.3 Value $2,859,781,193.72 $1,014,308,839.90 $610,656,673.95 $808,946,538.91 $122,692,935.05 $5,416,386,181.53 1615000 0.0031 0.0009 0.12 0.45 0.04 Value $145,169,575.43 $14,423,865.39 $11,378,739.55 $18,788,006.43 $2,946,673.95 $192,706,860.76 Total Value $14,059,600,557.25