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: 3% cutoff?? Sandbagging?
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3% cutoff?? Sandbagging?

posted on Mar 09, 2010 09:34AM

"Note: The resource at a 3% cutoff stated above represents a
tabulation of blocks above a 3% nickel grade."

I was always under the impression that "anything over 1.8-2% Ni was good (hence included in the reource estimate).

I wonder what the tonnage would be if a 2% cutoff was used. Anybody profficient with NUMA yet??

Thanks in advance to the smart people.

Peter

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