No week passes without a read on the Ring...and its deep remoteness

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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No week passes without a read on the Ring...and its deep remoteness

posted on Dec 02, 2012 01:15PM

http://www.cim.org/en/Publications-and-Technical-Resources/Publications/CIM-Magazine/November-2012/feature/Slow-burn.aspx

"Exploring in the Ring of Fire – 300 kilometres from the nearest road or rail – takes serious money. Michael Murphy, spokesperson for exploration junior White Pine Resources, sketches out the figures: “Diamond drilling costs are approximately $750 per metre for a small drilling program. A comparable cost in the historical mining camps of Ontario and Quebec would be in the $150 per metre range.” Last year, one company spent $1 million drilling 1,000 metres, according to James Trusler, president and CEO of Platinex."