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: On another note...Lance/rundle
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I understand that the description "pencil" refers to the grade of the ore. Like the lead of a pencil the grade in the centre is higher and gets weaker closer to the outside. Someone said it is a term used all of the time in mining though I cannot confirm that.

It has nothing to do with size just grade.

 

LS 

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