Hi robbo,
Still trying to get my head around this JORC 2012 vs 2004 compliance, and exactly what has increased.
"A further 95,000 oz Au Eq has also been identified at a grade of 23.75g/t as exploration potential, giving a total Mineral Inventory for the Dubbo Zone of 408,000 oz Au Eq.
The exploration potential constitutes a global Exploration Target as defined in the 2012 JORC Code. The potential quantity and grade is conceptual in nature and there has been insufficient exploration to estimate a Mineral Resource. It is uncertain if further exploration will result in the estimation of a Mineral Resource"
Does the above mean only a JORC "Exploration Target" has increased, and the JORC "Mineral Resource" has not? For Mineral Resource to increase further exploration needs to be carried out?
Hi robbo, Still trying to get my head around this JORC 2012 vs...
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