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Re: OntaREEo post# 58523

Sunday, 07/19/2009 9:28:40 PM

Sunday, July 19, 2009 9:28:40 PM

Post# of 165854
Also, keep in mind that the grade is not the only consideration. Other niobium mines can only extract 40% due to structural factors and the need to backfill. Sarissa's Nemegosenda property is "like shooting fish in a barrel" according to Keevil and at depths that are amenable to an open pit operation.

I like the description of "universe class" when you talk about Zone D and the larger SE zone.

The grade is comparable, but it's the 90% extraction that separates Nemegosenda.

That is what I believe the NI report will confirm.