CNB have great results at Nil Desperandum and Mount Birnie, they...

CNB have great results at Nil Desperandum and Mount Birnie, they have delivered beyond expectations. However JORC Resources require drilling at a particular spacing to ensure a particular level of certainty with regards to the tonnage and grade of the mineralisation present. CNB are drilling to determine the extent of the ore bodies at present. Once the extent is known, closing off open directions, then closer drill spacing can be used to create JORC resources or at even closer spacing JORC reserves. To obtain finance a certain percentage of the ore needs to be drilled on a very close spacing to get to a "bankable reserve."

We don't know if Nil Desperandum is 20 million tonnes or 100 million tonnes. Once delineated, and this requires holes with no mineralisation to determine the actual extent of the ore bodies, then infill drill can be undertaken to JORC status.

So CNB have great results that can be converted to JORC status. The copper-gold is there!