"BEACONSFIELD, TAS"																																																											
RESOURCE CALCULATION SHEET																																																											
Lower Cut-off grade 0.6%Ni equivalent 																																																											
                                           SCOTTS / VULCAN : SAPROLITE												March 2001																																															
																																																											
Hole No.	From	To	Width	%Ni	%Co	Area	Volume	Density	Tonnes	Tonnes x %Ni	Tonnes x %Co	%Ni Equivalent	Section(AMG)																																														
S002	8	9	1	0.40	0.09	19025	19025	1.8	34245.0	13698.0	3082.1	0.72	40100N																																														
S004	13	18	5	0.96	0.04	13387	66935	1.8	120483.0	115663.7	4819.3	1.10	40000N																																														
S005	18	23	5	0.44	0.07	16700	83500	1.8	150300.0	66132.0	10521.0	0.69																																															
S006	8	11	3	0.50	0.13	12262	36786	1.8	66214.8	33107.4	8607.9	0.96																																															
S103	6	7	1	0.75	0.04	17837	17837	1.8	32106.6	24080.0	1284.3	0.89	39800N																																														
S007	9	14	5	0.34	0.11	12950	64750	1.8	116550.0	39627.0	12820.5	0.73																																															
and	15	19	4	0.45	0.14	12950	51800	1.8	93240.0	41958.0	13053.6	0.94																																															
S009	6	10	4	0.55	0.28	12100	48400	1.8	87120.0	47916.0	24393.6	1.53																																															
S119	6	10	4	0.18	0.24	10987	43948	1.8	79106.4	14239.2	18985.5	1.02	39700N																																														
SD124	14	18	4	0.69	0.02	10987	43948	1.8	79106.4	54583.4	1582.1	0.76																																															
S107	2	6	4	0.59	0.04	9637	38548	1.8	69386.4	40938.0	2775.5	0.73	
S120	9	11	2	0.37	0.11	20887	41774	1.8	75193.2	27821.5	8271.3	0.76	39600N
S010	1	3	2	0.77	0.09	19875	39750	1.8	71550.0	55093.5	6439.5	1.09	39300N
and	4	6	2	0.67	0.05	19875	39750	1.8	71550.0	47938.5	3577.5	0.85	
S013	5	6	1	0.49	0.04	12262	12262	1.8	22071.6	10815.1	882.9	0.63	
S014	8	10	2	0.85	0.07	14975	29950	1.8	53910.0	45823.5	3773.7	1.10	
S015/122	6.2	10	3.8	0.77	0.05	19800	75240	1.8	135432.0	104282.6	6771.6	0.95	39200N
S016	7	16	9	0.98	0.07	21737	195633	1.8	352139.4	345096.6	24649.8	1.23	39100N
S017	5	10	5	1.12	0.11	21912	109560	1.8	197208.0	220873.0	21692.9	1.51	
and	12	14	2	1.30	0.06	21912	43824	1.8	78883.2	102548.2	4733.0	1.51	
S113	6	7	1	0.44	0.06	31050	31050	1.8	55890.0	24591.6	3353.4	0.65	39000N
S116	7	11	4	0.86	0.04	20887	83548	1.8	150386.4	129332.3	6015.5	1.00	
S115	1	3	2	1.11	0.08	27337	54674	1.8	98413.2	109238.7	7873.1	1.39	38900N
Totals				0.75	0.09		1272492		2290485.6	1715397.6	199959.3	1.05	
													
