From ALR website>> The Wee Macgregor project (licence ML 2504) has an existing JORC 2012 "estimated" Inferred Resource of 1.65Mt @ 1.6% Copper The exploration target is conceptual in nature as there has been insufficient exploration to define a mineral resource. It is uncertain whether future exploration will result in the determination of a Mineral Resource under the ‘Australian Code for Reporting Exploration Results, Mineral Resources and Ore Reserve – JORC Code 2012’. The exploration target is not being reported as any part of a Mineral Resource or Ore Reserve.
Inferred Mineral Resource is the part of a mineral resource for which quantity, grade (or quality) and mineral content can be estimated with a low level of confidence.
ALR Price at posting:
0.3¢ Sentiment: Sell Disclosure: Not Held
