INR 0.00% 13.5¢ ioneer ltd

Ann: March 2021 Quarterly Activities Report, page-7

  1. 3,091 Posts.
    lightbulb Created with Sketch. 1168
    the mine life is also determined by highly likelyhood of resource. The reserve has the potential to increase significantly pending on future drilling. Its unlikely the northern basin is included in likely reserves atm as it hasnt been properly drilled out and assessed and therefore wont make up our resource reserves.

    i think this is whats referred to as “inferred” resource as its not yet clear if its economically viable.
 
watchlist Created with Sketch. Add INR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.