OAU 9.09% 0.5¢ ora gold limited

From the announcement:"Insufficient geological data have yet...

  1. 72 Posts.
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    From the announcement:

    "Insufficient geological data have yet been collected to allow the geometry of the mineralization to be interpreted."

    "Whether the data spacing and distribution is sufficient to establish the degree of geological and grade continuity appropriate for the Mineral Resource
    and Ore Reserve estimation procedure(s) and classifications applied. "This is still early-stage exploration and is not sufficiently advanced for this to be applicable."

    Can they put out a resource when saying this?
 
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