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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I believe the author of the editorial has confused the numbers a little here, since the paper put out by the Ontario Chamber of Commerce entitled, "Beneath the Surface: Uncovering the Economic Potential of Ontario's Ring of Fire" clearing states that the Ring of Fire will generate 25 billion dollars worth of economic activity. The quote from the paper is as follows, "We find that within the first 32 years of its development, the Ring of Fire will generate more than $25 billion in economic activity across numerous sectors in Ontario, of which mining is just one. During this period, the Ring of Fire will generate:.....". I personally find it appauling that authors of such articles like this one clearly do not take the time, or effort to check their sources first before passing off their information as fact.

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