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)

Free
Message: I just spoke to Richard
Reply New Message
Prev Message Back To Forum Threaded View Next Message

Four additional drills is great. The 'Marginal Rate' (cost) for each additional drill on the property is actually a good thing and therefore the rate of incerase in absolute cost is reduced with the addition of each subsequent drill. Whth this clearly in mind, the need for a new PP will still be well over a year into the future.

Nothing more needed to be said on that matter!

Old Joe

PS: I wonder what the drilling capaity of the new drills is?

2 Recommendations
Reply New Message
Prev Message Back To Forum Threaded View Next Message
Share
Share
New Message
Please login to post a reply