Re: view norant richmond club presentation see link below

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

Bentonstocks

Rank: President [?]

Points: 6383 [?]

Votes: 291 Score: 3.8 [?]

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.)

Re: view norant richmond club presentation see link below

in response to

view norant richmond club presentation see link below

pebbles

posted on Oct 12, 2007 10:00AM

Yes Pebbles, based on some of the discussion this morning, I am wondering if anyone has watched this? I agree with you - it was very enlightening.

What I thought was most interesting is that they are already putting some numbers out regarding potential deposit size and value.

It was stated clearly during the presentation that the current known surface dimensions are roughly 50 X 100 (maybe it was 150?), and it is open at depth. White (presenter) suggested that if the deposit extends to a 250m depth, which is a reasonable speculation given that it is a VMS deposit, that would be 5 million tonnes with a rock value of $1000/tonne based on grades so far... That's a 5 billion deposit.

So there we have it, the issue of tonnage is alread being discussed in circles much "larger' than ours.