Ann: Update from Receivers and Managers, page-99

Asking people on here advice on how results are, or are not, reported is exactly where you are going wrong.

It is clearly stated in the JORC code which all companies and their Competent Person must comply with.

The devil is in the detail AND always read Table 1 and take note of the quality of your various CPs as there usually is more than one.

So to save you from yourselves and the infinite wisdom of Dazed and still confused, I’ll give you the exact extract from the JORC code:

“While it is not necessary to report all assays or drill holes, it is a requirement that sufficient information about the omitted data is provided so that a considered and balanced judgement can be made by the reader of the report. Where reports of Exploration Results do not include all drill holes or all intersections of drill holes the Competent Person must provide an explanation of why this information is not considered relevant or why it has not been provided.As required under Clauses 4 and 5, the Competent Person must not ‘remain silent on any issue for which the presence or absence of comment could impact the public perception or value of the mineral occurrence’.

For significant projects the reporting of all criteria in sections 1 and 2 of Table 1 on an ‘if not, why not basis’ is required, preferably as an appendix to the Public Report. Additional disclosure is particularly important where inadequate or uncertain data affect the reliability of, or confidence in, a statement of Exploration Results; for example, poor sample recovery, poor repeatability of assay or laboratory results, etc.”