What JORC resource classification are you asking about, Measured, indicated or inferred? This classification is essentially the confidence in the resource and will determine how much more money Havilah would have to spend. keep in mind its a lot more expensive to bring a deposit up to a measured classification because drill holes need to be tighter spaced, usually 50x50m grid for Pilbara iron ore deposits. I'm not sure about SA magnetite deposits as I haven't worked in this region so may differ a bit.
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- Ann: Grants Basin Iron Ore Presentation 17 July 2019
Ann: Grants Basin Iron Ore Presentation 17 July 2019, page-9
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