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Nickel Reserves and Resources
NICKEL RESERVES
| Tonnes | Ni% | Cu% | |
|---|---|---|---|
| Hitura Proven Reserves: | 972,000 | 0.69% Ni | 0.24% Cu |
| Hitura Probable Reserves: | 350,000 | 0.62% Ni | 0.23% Cu |
| Hitura Total Ore Reserves: | 1,322,000 | 0.67% Ni | 0.24% Cu |
NICKEL RESOURCES
| Hitura Mine | Tonnes | Ni% | Cu% |
|---|---|---|---|
| Measured & Indicated | 2,422,000 | 0.66 | 0.22 |
| Inferred | 615,000 | 0.67 | 0.27 |
Mineral resources are additional to Mineral reserves
Mineral resources have been calculated using 0.47% Nickel cut-off
Resource and Reserve estimate valid 31st May 2010