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Message: Re: UPDATE FROM IR
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Feb 15, 2010 06:18PM
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Feb 16, 2010 12:42PM

Re: UPDATE FROM IR

posted on Feb 16, 2010 01:07PM

To me inferred ounces means nothing if that is all the 43-101 will generate; there must be more meat(organic?) if it is going to prevent the SP to continue its fall.

Due to the uncertainty that may be attached to Inferred Mineral Resources, it cannot be assumed that all or any part of an Inferred Mineral Resource will be upgraded to an Indicated or Measured Mineral Resource as a result of continued exploration. Confidence in the estimate is insufficient to allow the meaningful application of technical and economic parameters or to enable an evaluation of economic viability worthy of public disclosure. Inferred Mineral Resources must be excluded from estimates forming the basis of feasibility or other economic studies.


Feb 16, 2010 03:03PM

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