http://www.infomine.com/index/pr/PB328231.PDF

Papillon website didn't really update since last year.

Anyways...June 2013 NR. it states...

The Project currently hosts a Mineral Resource Estimate (‘MRE’), which comprises 54.97 million tonnes averaging 2.38 g/t gold for a contained 4.21 million ounces of gold at a lower cut-off grade of 1.0 g/t gold, including 3.50 million ounces of gold classified into the Measured and Indicated (‘M&I’) Resource categories. The PFS, which incorporates only the M&I Resources, is based on open pit mining and a conventional Carbon in Leach (‘CIL’) processing circuit, designed to process 4.0 million tonnes per annum during steady state operation. The Company will utilise contract miners thus removing the requirement for capital expenditure on fleet.

Unless you're able to find the video or the source that shows Papillon RE is based on reserves and not M&I. I don't think it's reserves.

Golfyeti comparison is still correct.