AAU 25.0% 0.3¢ antilles gold limited

Ann: In-Fill Drilling Program for Nueva Sabana Copper Mine, page-22

  1. 2,062 Posts.
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    @capriccioso

    It's natural evolution to shore up Inferred into Indicated in these projects, but it also may have come up during DD discussions too ?

    That'd be a question best put to the company.

    Also it seems, everyone has forgotten about these updates in the Scoping Study announcment on the 7th of May, so again this was all foreshadowed:


    https://hotcopper.com.au/data/attachments/6241/6241965-713e8ee255092ef68f9f0f9e44c44714.jpg

    https://hotcopper.com.au/data/attachments/6241/6241963-ad0d17750a4ae7177702c92ee82bc255.jpg

    https://hotcopper.com.au/data/attachments/6241/6241972-71557cc41c9cf6938c24848d9b389156.jpg


    So just over 1 month ago, all this was communicated IMO, and this is simply the natural progression of things with respects to MREs shifting and being enhanced into the Measured and Indicated category. Maybe some AAU holders don't understand the distinctions between the categories within an MRE and which studies and activities focus on what categories.

    https://hotcopper.com.au/data/attachments/6242/6242038-e991009187fb51471a21bd8323b2cf5b.jpg

    I've recenlty researched and watched some really good interviews with Barton Gold (BGD) and they're doing exactly the same playbook alongside Scoping Studies with paralell activities of additional drilling with the strategy of growing Reserves.
    Last edited by signalFollower: 13/06/24
 
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