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: Sorry, one more thing

Re: Sorry, one more thing

posted on Jan 10, 2008 03:51PM

One thing I have been trying to get a feel for is the size of the ore reserves and what you are indicating from your conversation with RN is well...big. As you know I have been reviewing the Voisey bay story and the ore reserves there were at the time of bidding somewhere around 130 - 150M tonnes. If we are remotely close to this tonnage (yes I now we are not there yet) but if drilling continues to prove up the reserves with the grades holding we do have a jem here.

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