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ARL vs AUz vs CLQ, page-125

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    lightbulb Created with Sketch. 4564
    Hi squash
    It is not as simple as you think to get a Mineral Reserve, it is about drill spacing to get a better guage of grade most Jorc Mineral Reserve drilling is carried out at 20m X 20M spacing and allowed to go to 20X40 for hard to get places such a hilly grade due to difficulty of placing the rigs.
    As to far more financially to mine this can only be judged with the appropriate drilling, more testing of ore from varying areas and a BFS/DFS. A PFS is only a +- 30% gauge on Capex and Opex wheras a BFS/DFS is +- 10-15% with extremely more input.
    Until then it is just inferred grade or basically dirt in the ground.
 
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