CTO 0.00% 0.5¢ citigold corporation limited

10m ounces: an investigation, page-4

  1. nk
    3,098 Posts.
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    The Jorc Code:

    "The Inferred category is intended to cover situations
    where a mineral concentration or occurrence has
    been identified and limited measurements and
    sampling completed, but where the data are
    insufficient to allow the geological and/or grade
    continuity to be confidently interpreted. Commonly,
    it would be reasonable to expect that the majority of
    Inferred Mineral Resources would upgrade to
    Indicated Mineral Resources with continued
    exploration. However, due to the uncertainty of
    Inferred Mineral Resources, it should not be assumed
    that such upgrading will always occur."


    this is no different to BDG which made similar JORC claims
 
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