TODAY'S DISCOVERY, TOMORROW'S FUTURE

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Message: Re: GGR Circular
4
M
Nov 14, 2010 06:29PM
3
Nov 14, 2010 10:23PM
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Nov 16, 2010 12:16PM

tau
Nov 16, 2010 12:31PM

I agree that the numbers have to better to be economic. This is what NOT had in their resource estimate for the McFauld's Lake project:

Eagle’s Nest Indicated Resources
Tonnes Ni(%) Cu(%) Pt(g/t) Pd(g/t)
6,900,000 2.04 0.95 1.3 3.4
Eagle’s Nest Inferred Resources
Tonnes Ni(%) Cu(%) Pt(g/t) Pd(g/t)
4,300,000 1.42 0.87 0.8 3.4

I wonder what prompted Kodiak to revive the project . Maybe there was a land expiry issue.

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