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Re: Dobie Lama post# 340138

Wednesday, 02/25/2015 3:02:27 PM

Wednesday, February 25, 2015 3:02:27 PM

Post# of 647879
PAL- This maybe mining mumbo jumbo to some ,but once it fully digested and verified................

Increase to Offset Zone resources, including expanded Lower Offset Zone indicated resources;
Increase to Roby Zone pit expansion resource based on a revised pit expansion concept that incorporates current palladium prices and foreign exchange rates, as well as improved long-term consensus palladium price forecasts that support lowering the Pd cut-off grade to 0.6 g/t;
Initial resource estimates for both the recently delineated Powerline and Upper Offset southeast extension zones; and
Revision to the Sheriff Zone resource estimate based on the application of a lower Pd cut-off grade of 1.0 g/t, and the removal of the portion of the Powerline Zone resource that overlaps with the Sheriff Zone resource.
The net change to the LDI resource inventory in terms of contained palladium is an increase of 686,000 ounces, bringing the total measured and indicated resource at Lac des Iles to 71.5 million tonnes having an average grade of 1.98 g/t Pd and containing 4.54 million ounces of palladium. The components of this revised resource estimate are:


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