CRB 0.00% 0.5¢ carbine resources limited

Ann: CRB - FIRST OF 4 RESOURCE UPDGRADES FOR MT MORGAN PROJECT-CRB.AX, page-14

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    I think they will target 8-10mt in the indicated category which will underpin 8-10 year mine life in reserves. After that I doubt very much they will convert much more past inferred as the dumps are visually there and the conversion is strong from inferred to indicated (100%) for this announcement.

    This is really good because about the first 3 years is done at a reasonable grade.

    I don't think they will go to the effort in future to JORV everything. Drying 1000s of samples to convert to jorc doesn't seem worth it.
 
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