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: more Saturday morning reading to accompany your coffee

Being hungry for info on a timeline, this is what jumped out at me in this article:

Coutts explained that when looking at the potential timeline for development of the RoF, it will pan out with smaller-scale base metals/PGM operations developing first, followed in about 20 to 30 years’ time by large-scale chromite operations that could in the future potentially benefit from a railway line being built into the emerging mining district.

“The railway line would require a minimum regional output in the order of eight-to ten-million tonnes a year to break even, a volume that the initial projects cannot even come close to justify for another 10 to 15 years,” he said.

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