High-grade Ni-Cu-Pt-Pd-Au-Ag-Rh-Cr-V discoveries in the "Ring of Fire"
NI 43-101 Update (March 2011): 11.0 Mt @ 1.78% Ni, 0.98% Cu, 0.99 gpt Pt and 3.41 gpt Pd and 0.20 gpt Au (M&I) / 9.0 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inf.)
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Message: Rhodium

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Re: Rhodium - QQ

in response to Re: Rhodium - QQ by Milsy1
posted on Apr 07, 08 03:42PM

the comments i would have are as follows....

In thatchrt you posted you have 2x Ru...RU is the short form for Rutenium....Rh on the other habd is the short form for Rhodium...so what amount/gms is attributable to Rh...

To put these amounts in perspective, The average Copper porphyry deposit being mined economically today Worldwide averages less than 1% Copper...which has about a $70 to $90 value per ton...I think we've been spoiled with $500 to $1000 value for our tons...

Worlds richest "layered' PGEs mines have only a mineralized width of only about 6 to 9 Ft...of course they extend laterally for a substancial distance...Disseminated deposits are of course different...Looking back at the Sections of High PGEs on hole #5 , they would equal or surpass World richest PGEs producing mines, the only issue remaining is do those sections of high PGEs extend laterally...Another important point to remember is those heavy mineralized sections ofPGEs were found within a BRECCIA Zone...BRECCIA Zones tend to be found near or at the centre od the volcanoe or Parent Magma...hole #5 seems to have barely touched this BRECCIA Zone, and the "key" will be to drillsearch for that mother BRECCIA...I believe Mr. Nemis when reffering to "enough for a PGEs mine", was reffering to that Breccia Mother Zone, or other such findings...So it would not take more then $150 to $200/ton PGEs worth of PGEs, to make it economical, once you have all your infrastructure in place to dig out the NiCU, and we see as some evidence for it's existance, sections of hole #5 to be far higher...

IMCO

JD*

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