Roughly 1.4% NiEQ (15%) value added with Pt-Pd-Au credits to the...

Roughly 1.4% NiEQ (15%) value added with Pt-Pd-Au credits to the 2m @ 8.1% Ni. Total ~ 9.5% Ni Equivalent over 2 meters from 227 meters. Nice bonus.

Total Ni EQ = Ni% + ((Cu price/Ni price) * Cu grade) + ((Au price/ Ni Price) * Au grade) + ((Pt price/ Ni price)* Pt grade) + ((Pd price / Ni price) * Pd grade).

Ni Price= $15,000 /t
Cu Price= $6,000/ t
Au Price = $40,000,000/ t
Pt Price = $43,200,000/ t
Pd Price = $24,000,000/ t
1% = 10,000 ppm

In the absence of detailed Pt/ Pd and Au grades, calculation assumes equal share 5 ppm / 3 = 1.66 ppm of each Pt, Pd and Au. Good enough to get an overall idea at this stage. I wonder if there are any Cobalt credits?

Diamond program to start in a couple weeks. Need hits above 3% in the double digit interval lengths to blow the caps off. Looking forward to seeing what this high grade shoot is made of.

GLTA! and please DYOR!