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: sounds good 2 me
13
Dec 18, 2013 05:43PM

Maybe?

"Well into the 2030's" was the quote in the article.

Assuming production starts around 2018, and adding the expected 14-year life span, that would mean the mine would be viable until around 2032. Add a few years for decommissioning and reclamation, and the number seems to be consistent with earlier estimates.

However, I do agree with the sentiment that there is a definite possibility for a much longer life, pending further exploration.

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