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: Talked briefly with Wes... I will bite....Edgy
58
Aug 29, 2010 10:47PM
4
Aug 30, 2010 02:13AM

With all due respect, I would refer readers to NOT's March 9, 2010 PR which stated the following:

The Eagle's Nest deposit has more than tripled previously reported resources, and now contains:


- Indicated resource of 6.9 million tonnes grading 2.04% Ni, 0.95% Cu,
1.3 gpt Pt and 3.4 gpt Pd;
- Inferred resource of 4.3 million tonnes grading 1.42% Ni, 0.87% Cu,
0.8 gpt Pt and 3.4 gpt Pd;


I would suspect that quadrupling the resource would now have identified a
(indicated+inferred) resource of some 14.9 M tonnes (i.e. 11.2/3 x 4).

Respectfully submitted

geoprof
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