Free livestream of New World Metals Conference (today @ 3.30pm AWST), page-243

I stand to be corrected by more knowledgeable people but the drilling for TA1 100m by 50m will give them an inferred resource and I assume they will do the same for TA2 & 3 ie expect the maiden MRE to be mainly inferred.

To do a SS or PFS they will need to drill TA1-3 50m by 50m which is double the number of holes for an inferred resource - but I do not expect they will drill all of TA1-3 to indicated level - maybe they will concentrate the infill drilling where the big volumes of mineralisation are (eg AP11 and not AP12 or 9) and drill other targets - eg AP1-3, 7-8 amd 13 (my bet is on AP1-3 as they are next to TA3) unless they identify better targets elsewhere in the tenement from the ongoing rock chip sampling.

Over to more knowledgeable posters to correct my errors.