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)

Free
Message: AT12 = Eaglet.

AT12 = Eaglet.

posted on Mar 08, 2010 10:57AM

AT12 results on 2010Mar8
HOLE ID START INT. NI % CU % Pt g/t Pd g/t $Value
(m) (m)
-------------------------------------------------------------------------
NOT-09-2G30 143.2 41.6 0.82 0.35 0.41 1.28 253.13
NOT-09-2G31 228.1 20.3 0.53 0.19 0.20 0.78 157.19
NOT-09-2G32 156.0 48.4 0.74 0.25 0.30 1.19 219.77
including 159.0 10.2 1.38 0.51 0.51 1.34
NOT-09-2G33 212.2 42.8 0.81 0.19 0.39 0.92 231.93
NOT-09-2G34 318.5 1.7 3.38 0.30 0.54 1.22 828.69
NOT-09-2G35 182.3 1.5 1.34 0.81 0.51 2.06 422.08
NOT-09-2G36 157.5 2.1 4.18 0.74 1.06 2.58 1093.28
NOT-09-2G37 117.0 3.0 4.71 3.08 0.77 4.29 1191.47

"It is possible that high-grade mineralization, similar to that of Eagle's Nest, lies
within the larger, lower grade mineralization discovered to date."

Not possible but probable. In my opinion that was a cautionary statement that was to be expected.
The palladium, and especially platinum additions, are misrepresentative in many cases
because they are in low enough quantities that they may not be botherd to be recovered, therefore knock off about 100$ from the above prices.
In addition, take off at least 120$ for operating costs and you get an approximate value
per intercept.
How is it that hole 36 is not epmhasized being so close in value to 37? Overlocked?

Seems to me we have a slightly smaller brother to the Eagle. I would call it The Eaglet.

Share
New Message
Please login to post a reply