An inferred JORC is a low confidence estimate. Perhaps half can be converted to the indicated category and even less measured. Less again to be converted to a reserve. I've rarely seen companies bother to announce an inferred JORC.
Suggest this guesstimate be ignored in making investment decisions. Not a good look for the company imo.
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- Ann: High-Grade Gold JORC Inferred Resource 830,000oz @ 11.6 g/t
Ann: High-Grade Gold JORC Inferred Resource 830,000oz @ 11.6 g/t, page-459
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