AZM 0.00% 3.2¢ azumah resources limited

Leveraged gold play, page-30

  1. 614 Posts.
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    After receiving a phone call today from Tim one of our geologists, I can confirm you are right with your calculations Danis.
    Sorry, but I had misunderstood that the rerserve is actually included in the resource and not two seperate values.
    So basically what you were saying was correct and we have a total of 1,994,000 oz of gold in the ground of which 624,000 oz is proven and probable. The current JORC resource does not include any gold from Julie West and our JORC reserve does not include the 28,000 oz of Inferred gold which is classified as mining inventory.
 
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