we have a qualified person who has the necessary experience to claim "inferred/indicated" and "conceptual in nature"...i'm anxious to see the assay reports...the nugget affect could actually help us in the long run as "qualified persons who have worked this type of deposit for 5 years" should be rare to find...so who could dispute tilsley's report?

Prescribed disclosure within the National Instrument relates to;

• All disclosure of scientific or technical information, including disclosure of a mineral resource or mineral reserve, concerning a mineral project on a property material to the issuer must be based upon information prepared by or under the supervision of a qualified person
• What the National Instrument is to be used for, such as which types of mineral properties must be covered by a compliant report
• Prescribes the terminology to be used to describe various features, both geologically and financially, within the report
• Stipulates the type of information to be discussed and the technical data which must be portrayed, for various levels of reporting
• Prescribes a list of approved Competent Persons, and the definition of Groups and Associations which may qualify to certify such a person as "Qualified"
• Prescribes that a Qualified Person vouches for the accuracy and completeness of the contained information and the manner in which it is presented
• Provides guidance on reporting Historical mineral resource estimates

Proscribed disclosure within the National Instrument precludes a company from reporting;

• quantity, grade, or metal or mineral content of a deposit that has not been categorized as an inferred mineral resource, an indicated mineral resource, a measured mineral resource, a probable mineral reserve or a proven mineral reserve
• results of an economic analysis that includes inferred mineral resources
  • allows for the potential grade, quantity and metal or mineral content of an exploration property, provided that a qualifying statement is made as to this being conceptual in nature
• the term preliminary feasibility study, pre-feasibility study or feasibility study when referring to a study unless the study satisfies the criteria set out in the National Instrument