Hi Zeek,I would just ask that you base your decisions on what I...

Hi Zeek,

I would just ask that you base your decisions on what I have quoted from the Heron website. Check out their presentations for yourself at heronresources.com.au. There is a lot of information there.

Doing some more research, the following is an extract from a Heron presentation to the 2003 World Nickel Conference

Resource for 0.5% Ni cutoff,
Siberia Sileceous 121 million T @0.73% Ni & 0.04% Co
Siberia Nontronite 22.7 million [email protected]% Ni & 0.11% Co
Total resource 569 million T

Resource for 0.75% Ni cutoff,
Siberia Sileceous 44.5 million T @0.99% Ni & 0.06% Co
Siberia Nontronite 9.6 million [email protected]% Ni & 0.16% Co
Total resources 225 million T

Now remember that the current total resources are stated to be about 900million T.

What is not clear is what percentage the Siberia Tank leases ITC referred to in their announcement form as a part of the Siberia resource. ITC say they have a 10% free-carried interest in 7 Siberia Tank leases. Question is , how many leases form the Siberia orebody, and does it contain the Siberia Tank leases?

I guess that is what ITC themselves are trying to establish, and they are being cautious for a good reason.