FFM 1.57% $1.29 firefly metals ltd

Ann: Auteco Receives Firm Commitments for A$30.4million Placement, page-62

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  1. 3,891 Posts.
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    No problem @GoldBugBob.You are not responding like a ramper.
    Before we can compare AUT to other goldies with high grade drilling results, we need to take into account that BGL has been drilling for a few years in the process of establishing its resource, which is still only at indicated status.
    AUT came up with an inferred resource very quickly when it moved on to Pickle Crow because it could build on the earlier drilling results by other parties. Can it continue to produce JORC 2012 resources so quickly going forward? More drilling - yes. Results? - yet to be defined but we can be optimistic, JORC definition? - that is another story. Cheers.

    Last edited by jogo: 07/07/20
 
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