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: Our resource vs Donner Metals.
21
Sep 04, 2010 12:44PM
3
Sep 04, 2010 02:41PM

I believe that I have discovered the error of your calculations...

9.21 % zinc for example would be equivalent to 9.21 kg in a 100kg sample of rock...but we are talking about tonnes which are 1000 kg...thus, your calculated values for zinc and copper (the highest component values of the deposit) are off by a factor of 10 each.

Using the handy Kitco Rocks in a Box Calculator:

http://www.kitco.com/pop_windows/kitcorockcalc.html

The InSitu value of the Inferred Massive Sulfide component becomes $405.12.

Cheers, Luker

13
Sep 04, 2010 03:35PM
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