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: G168

G168

posted on Aug 31, 2009 05:40PM

G168 has 21m of 38% chromite and it is down only 19m in the ground. This is what I have been wanting to see. This is definately possible for open pit. The orebody is long and continuous. There is more than enough chromite on NOT to supply a good, smart percentage of the NA market wiithout flooding the market and depressing prices. NOT will develope the nickel first and the synergies of that and subsequent chromite production just makes NOT so much more competitive. This may not be a release on nickel but in my opinion, NOT has just taken one giant step ahead.

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