is there any future?, page-31

"Bottom line ---> what needs to be ascertained better/further and why is it stopping the DSO announcement?"


Donald - The drills thus far have been spread 500m apart... No big deal if you build a beneficiation plant and just process all the ore...Quality between the intervals is negligible.

But if you are making a VERY big call and saying straight from ground, crushed, washed shipped... You gotta be 100% sure that between each 500m there is actually high grade continuity.

So it seems that they (MAK) have a few kms of high grade drills, and they think its a good bet that there is high grade in-between those drills... But you can't make this type of business decision (And its a very big decision) without being 100% sure...

So infill drilling for a measured JORC (http://www.jorc.org/explained.asp) ensure depth and grade is truly consistent and also as Grievous says be 99% sure on metallurgy so they know that processing will be simple...

The delays for Scoping is more positive then everyone is making out... MAK thinks they can build a DSO mine, but they/we gotta be 100% sure the grade/quality is consistent.

IMO and DYOR, etc.

Cheers,
Pat

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Measured JORC Definition

A ‘Measured Mineral Resource’ is that part of a Mineral
Resource for which tonnage, densities, shape, physical
characteristics, grade and mineral content can be
estimated with a high level of confidence. It is based
on detailed and reliable exploration, sampling and testing
information gathered through appropriate techniques
from locations such as outcrops, trenches, pits, workings
and drill holes. The locations are spaced closely enough
to confirm geological and grade continuity.