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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: Jim Mungall - Ring of Chromite
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Jim Mungall - Ring of Chromite
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semismart
Oct 29, 2008 12:11PM
Re: Jim Mungall - Ring of Chromite
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hoov
Oct 29, 2008 12:21PM

Hi Semismart,

2 options: from what I recollect, he received option about 4.80 last year and later received the second one around 3.50 in July/August.

But from June 2008, he is full time Chief Geologist for Noront. ( with salary )

When I was in PRB AGM, they predicted the CR will go as far as PRB/ Mantis JV..so far the thickness is in FWR but all of the ROF cos drill has not go deep enough to exhast the true depth yet. Someone in the forum did mention may be because of the cost/type of drill/ try to locate more discoveries before going back to the discovered one...

Since I am not technical, I only remember some peers comment..

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Re: Jim Mungall - Ring of Chromite
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donypee
Oct 29, 2008 01:14PM
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