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: Grades

Grades

posted on Apr 08, 2008 06:36AM
I think the real story with NOT's orebody is the exceptional grades. The nickel grades are very high and I know a lot has been said about rhodium because it is $9000 per oz and we do have assays for that. However, RN mentioned that we probably have enough for a PGE mine and that statement is coming close to being factual. North American Palladium has a large open pit mine with grades at 2gpt. At Bushveld, they have been mining for nearly a hundred years at 3 to 6 gpt. Stillwater in USA are mining PGE's at 16 to 20 gpt. There are not that many producers in the world which gives our property some added intrigue!!NOT has hole #5 with 117m @ 10gpt and #27 with 81m @ 20gpt. and numerous intersections at  3 to 8 gpt. The PGE grades are the known ace in the hole for this orebody and only the drills can tell us how much of it is there. Pray for productivity fro Johnny and June.
Share
New Message
Please login to post a reply