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 R.N. Over estimating Eagle 1

RE R.N. Over estimating Eagle 1

posted on Jan 26, 2009 07:58AM

If you look at what resource world says can be considered high grade,then Richard did not over PUMP eagle 1.Sure it is only 3 million tonnes,but what a 3million tonnes.With 4.1 Ni over 117 Metres and 2.2 Cu in hole 5 and 124 metres in hole18 grading 2.4 Ni and 1.1 Cu. If tou bring these numbers down to what is condidered 'High Grade' 100 Metres 1% Cu and 2% Cu over 20 Metres compare the considered HIGH Grade numbersto the 2 holes only

The Ni would be almost 6 times a great Ni hit in the article,so the tonnage was not there but the total cost to mining ratio is much better than a normal high grade mine.So the post I read earlier saying R.N. pumped hte Eagle In my opion was not taken in the true context as to what message R.N. was trying to get out. IF that is called pumping BRING IT ON . I would love this new B.o.D to do some pumping.Instead of paying an IR. Co. thousands of dollars a month to say nothing.

djo



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