Re: Concentration

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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Francis Dube

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Re: Concentration

in response to

Concentration

CMP

posted on Jul 07, 2008 04:43AM

CMP, since you have some experience in this field, would it be feasible for NOT to dig out the massive sulfide portions only and send them out as raw material to Timmins or Sudbury directly to a smelter? We are talking about 6.52% nickel here...is that high enough to go directly to a smelter?

Another question to anyone with experience out there: At what point would a bank be willing to lend us money based on E1? Do we need a feasibility study, do we more than that? Is a 43-101 enough?

Thanks for all your input,

Glorieux

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