“A material proportion of mineralisation intersected by drilling did not qualify for inclusion in the MRE as the drilling density in these areas is presently insufficient. Infill drilling these zones presents an excellent opportunity, subject to results, to increase the overall MRE and the quantity of Indicated Resource material.The MRE was undertaken by independent consultants, Palaris Australia Pty Ltd, the Australian office of the international Palaris mining consultancy.”
Seems to me the big upside is there and its a technical reason large amount cannot be included in MRE under Jorc 2012 guidelines. But there is a clear path to drill so it can be included- low hanging fruit for big upgrade of MRE. Plus there are areas the mineralization is not closed off , so upside to extend, and then there is the possibility of occurrence in the tenement not yet defined.
The exploration target numbers are still in play - this year will just get better and better as this MRE grows IMO
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