Ann: Global Resource at Korbel Main Grows to 4.7Moz Gold, page-206

you got it.

measured and indicated resource is about confidence. The primary way to increase confidence is to drill more holes at tighter spacing.

because they drilled fan patterns, I expected the drill holes to be tight enough near the surface to upgrade to measured or indicated. I’m not sure why they didn’t do this in this upgrade, and I think I’ll sent them an email in the next few days to inquire about it. the actual resource classification is done after the estimation and is conducted by a asx compliant compentent geologist. There are a few possible reasons why it wasn’t dont this time around (logistics, timing, expenditure, personal) but it is disappointing non the less. Reason why is because only measured and indicated resource can be converted to reserves during the PEA.