Re: Okay, I'll stop.

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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nickcdn

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Re: Okay, I'll stop.

in response to

Re: Okay, I'll stop.

Edgy

posted on Jan 13, 2014 03:14PM

Noront will likely have a shaft, for the deeper chromite, but they better be mining the chromite from surface down to 500+ meters by shovel and truck. To move a ton of ore by open pit is approx $1-5 a ton. To move a ton by shaft is anywhere from $50-90 a ton.

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