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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: Re: Some background of Eagle One and other anomalies in NW
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Some background of Eagle One and other anomalies in NW
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pw
Feb 13, 2008 06:05AM
Re: Some background of Eagle One and other anomalies in NW
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QQ_Girl
Feb 13, 2008 06:16AM

Great post as usual PW. So if we can take those measurement DE1 would be 40*300*200 or 2.4M meters cube, times this by sg of 3.9 and you have 9.36M tonnes of ore. For B this same work yiels 8.14 M tonnes of ore and for C this yields, 2.184 M tonnes of ore. This would give us a total of 19.684M tonnes of ore. Now, so far DE1 seems lower than the calculation here, somewhere between 5 and 7 seems to be agreed upon. so about 2 thirds of this number. So if we apply the same rational to A+B+C you end up with 13 M tonnes of ore. This would be great and probably would give us enough tonnage for a mine. Than our valuation model would go up to at least a 20% valuation which would increase our sp significantly.

Warmest regards,

Gl.

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Re: Some background of Eagle One and other anomalies in NW
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donypee
Feb 13, 2008 06:36AM
Re: Some background of Eagle One and other anomalies in NW

notster
Feb 13, 2008 07:11AM
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