CAI 0.00% 11.5¢ calidus resources limited

Ann: Annual Mineral Resource and Ore Reserve Statement, page-23

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  1. 459 Posts.
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    Hi mate, Inferred Resources can not be included in stated Mining Reserves.

    They can refer to it as mining inventory for potential future production but has a low confidence on accuracy and financial metrics ie Inferred allows a calculation of metal content with no insinuation of economic extraction. Just because it exists, doesn’t mean it will ever be mined.
 
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