This is probably a bit too optimistic, IMO. More likely to be close to the 5moz mark (for Korbel). I'm unsure about the % to be moved into measured and indicated, but anything over 25% would be an extremely positive result.
I've no peer comparisons or data to back this up, just based on intuition formed by a bit of experience in estimation - just remember, even a 4.5 mt with a 15-20% upgrade to M&I would be a massive increase in resource and a fantastic return on the investment spent on just a few months of exploration work.
Ann: Continued Expansion of the Korbel Gold Deposit, page-62
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