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: Chrome

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cappysmart

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Re: Chrome-Sum-CMP

in response to Re: Chrome-Sum-CMP by CMP

posted on Oct 12, 09 05:37PM

"I was referring to the FWR chromite as I had not seen any report of PGEs there"

"The Joint venture partners are encouraged by the apparent thickening of the massive Chromitite beds to the northeast, with the potential for grade and tonnage development in addition to the significant presence of Gold and Platinum (FW-08-07 2.183 g/t (Pt + Pd + Au) over 9.0 metres). The partners are now considering additional drilling as required for resource definition drilling."

Old news release but still an indication that PGEs are present.

Kerry.

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