Discocopper not to come across rude or insulting but to say "Sure, its not JORC. But the implication from the announcement quoting tonnes and grade is that a JORC-compliant statement wouldn't be too difficult to get with a few more samples/tests. " is just ridiculous!
From my previous post "A mullock dump is by definition, waste rock from which the wanted material has been extracted, and or waste material generated while searching for minerals while mining.
Hand picking samples to generate assays from material passed over from past activity is one thing, but turning a mullock dump into a JORC resource is another. The uneven distribution of any remaining mineralised material in a waste dump, is extremely difficult to define...... lucky people may believe in estimations, but to get funding it will have to be more accurate.
If a deposit is present, it won't be found in a waste dump."
They need to find out what's been left under the ground, than coming up with what's been left on top!
The only winners here will be BG.
- Forums
- ASX - By Stock
- ST1
- Ann: Quarterly Activities and Cashflow Report
Ann: Quarterly Activities and Cashflow Report, page-5
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ST1 (ASX) to my watchlist
(20min delay)
|
|||||
Last
5.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $71.06M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 201719 | 5.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.5¢ | 82330 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 201719 | 0.052 |
1 | 200000 | 0.051 |
3 | 650714 | 0.050 |
1 | 200000 | 0.048 |
1 | 10869 | 0.046 |
Price($) | Vol. | No. |
---|---|---|
0.055 | 82330 | 2 |
0.056 | 178571 | 1 |
0.057 | 175718 | 2 |
0.059 | 169491 | 1 |
0.060 | 135650 | 2 |
Last trade - 10.08am 30/07/2024 (20 minute delay) ? |
Featured News
ST1 (ASX) Chart |
Day chart unavailable
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Director
Nick Poll
Executive Director
SPONSORED BY The Market Online