trading halt, page-66

Could this be relevant....

The Australian Securities Exchange (ASX) recently reported on its monitoring of announcements made by listed mining and exploration entities in ASX Companies Update 03/08. ASX highlighted concerns on the following aspects:

Reporting of "in situ" values
Reporting historical or non-JORC compliant estimates
Competent Person statement
Reporting exploration targets
Lack of drill hole information
Combining categories of resource and reserves
Incorrect use of reserves or resources to describe results
There is significant new advice on the inappropriateness of reporting in-ground values concluding that use of the terms ‘in-ground value’ or ‘in situ value’, should not be reported by companies.

A copy of the Update (No 03/08 18 March 2008) can be read or downloaded by clicking here.

http://www.jorc.org/main.php