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: Palladium
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Palladium
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From_Sudbury
Dec 04, 2018 03:43PM

Using the Kitco Rocks in the Box Calculator (In situ value) :

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

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): $US 387.18 /tonne

$387.18/tonne / $1237.40 (price of gold/oz)  =0.312 oz gold/tonne

0.312x31.1gram/troy oz gold =~3.5 million oz of 9.73gram/tonne gold-equivalent depost (Proven and Probable)

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